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UBS Group AG (UBS Group AG) 6-1 Month Momentum %

: 29.52% (As of Today)
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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-19), UBS Group AG's 6-1 Month Momentum % is 29.52%.

The industry rank for UBS Group AG's 6-1 Month Momentum % or its related term are showing as below:

UBS's 6-1 Month Momentum % is ranked better than
86.29% of 1561 companies
in the Banks industry
Industry Median: 7.65 vs UBS: 29.52

Competitive Comparison

For the Banks - Diversified subindustry, UBS Group AG's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


UBS Group AG 6-1 Month Momentum % Distribution

For the Banks industry and Financial Services sector, UBS Group AG's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where UBS Group AG's 6-1 Month Momentum % falls into.



UBS Group AG  (NYSE:UBS) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


UBS Group AG  (NYSE:UBS) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


UBS Group AG 6-1 Month Momentum % Related Terms

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UBS Group AG (UBS Group AG) Business Description

Address
Bahnhofstrasse 45, Zurich, CHE, CH-8001
The core of UBS is its global wealth management business focusing on high and ultra-high-net-worth individuals. UBS is also a conventional retail and commercial bank in its Swiss home market. Its investment bank and asset management businesses support its wealth management operations, but also leverage its strength in wealth management to serve third-party clients.