Blue Hat Interactive Entertainment Technology (Blue Hat Interactive Entertainment Technology) 6-1 Month Momentum % : 14.95% (As of May. 31, 2024)

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What is Blue Hat Interactive Entertainment Technology 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-31), Blue Hat Interactive Entertainment Technology's 6-1 Month Momentum % is 14.95%.

The industry rank for Blue Hat Interactive Entertainment Technology's 6-1 Month Momentum % or its related term are showing as below:

BHAT's 6-1 Month Momentum % is ranked better than
81.09% of 587 companies
in the Interactive Media industry
Industry Median: -7.35 vs BHAT: 14.95

Competitive Comparison of Blue Hat Interactive Entertainment Technology's 6-1 Month Momentum %

For the Electronic Gaming & Multimedia subindustry, Blue Hat Interactive Entertainment Technology'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.

Blue Hat Interactive Entertainment Technology's 6-1 Month Momentum % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Blue Hat Interactive Entertainment Technology's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Blue Hat Interactive Entertainment Technology's 6-1 Month Momentum % falls into.

Blue Hat Interactive Entertainment Technology (NAS:BHAT) 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.

Blue Hat Interactive Entertainment Technology (NAS:BHAT) 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.

Blue Hat Interactive Entertainment Technology 6-1 Month Momentum % Related Terms

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Blue Hat Interactive Entertainment Technology (Blue Hat Interactive Entertainment Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Blue Hat Interactive Entertainment Technology (NAS:BHAT) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

4Y80:Germany

Address

No. 1010 Anling Road, 7th Floor, Building C, Huli District, Xiamen, CHN, 361009

Website

https://www.ir.bluehatgroup.com

Blue Hat Interactive Entertainment Technology is a producer, developer, and operator of augmented reality (AR) interactive entertainment games and toys in China, including interactive educational materials, mobile games, and toys with mobile game features. The company's products include AR Racer, AR Crazy Bug, AR 3D Magic Box, AR Dinosaur, Talking Tom and Friends Bouncing Bubble, and Immersive Education Classes. The company reports in the following segments: Interactive toys - animation series, Interactive toys - game series, and Mobile games, Information services, and Communication services, out of which the majority of the revenue is generated from the game series. The majority of its revenues are generated in China.