6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-27), The E W Scripps Co's 6-1 Month Momentum % is -32.60%.
The industry rank for The E W Scripps Co's 6-1 Month Momentum % or its related term are showing as below:
SSP's 6-1 Month Momentum % is ranked worse than 91.04% of 1060
companies
in the Media - Diversified industry
Industry Median: 4.255
vs SSP: -32.60
Competitive Comparison of The E W Scripps Co's 6-1 Month Momentum %
For the Broadcasting subindustry, The E W Scripps Co'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.
The E W Scripps Co's 6-1 Month Momentum % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, The E W Scripps Co's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where The E W Scripps Co's 6-1 Month Momentum % falls into.
The E W Scripps Co (NAS:SSP) 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.
The E W Scripps Co (NAS:SSP) 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.
The E W Scripps Co 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of The E W Scripps Co's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
The E W Scripps Co (The E W Scripps Co) Business Description
The E W Scripps Co is a media enterprise with interests in local and national media brands. It owns and operates a collection of daily and community newspapers, primarily in medium-sized cities in the southern and western portions of the United States. The company's operating segment includes Local Media, Scripps Networks, and Other. It generates maximum revenue from the Local Media segment. The Local Media segment includes approximately 61 local broadcast stations and their related digital operations.
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