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Real American Capital (Real American Capital) 6-1 Month Momentum % : 1311.11% (As of May. 23, 2024)


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What is Real American Capital 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 (2024-05-23), Real American Capital's 6-1 Month Momentum % is 1311.11%.

The industry rank for Real American Capital's 6-1 Month Momentum % or its related term are showing as below:

RLAB's 6-1 Month Momentum % is not ranked
in the Retail - Cyclical industry.
Industry Median: -2.02 vs RLAB: 1311.11

Competitive Comparison of Real American Capital's 6-1 Month Momentum %

For the Specialty Retail subindustry, Real American Capital'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.


Real American Capital's 6-1 Month Momentum % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Real American Capital's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Real American Capital's 6-1 Month Momentum % falls into.



Real American Capital  (OTCPK:RLAB) 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.


Real American Capital  (OTCPK:RLAB) 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.


Real American Capital 6-1 Month Momentum % Related Terms

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Real American Capital (Real American Capital) Business Description

Traded in Other Exchanges
N/A
Address
74725 Joni Drive, Suite A, Palm Desert, CA, USA, 92260
Real American Capital Corp is a company of inter-related, eco-friendly brands using technology and bio-science in a variety of agricultural and environmental applications. Its principal brands are state-of-the-art, computerized grow lights, and soil treatment amendment products formulated to grow healthier and heartier flora, plants, fruits, vegetables and other produce.

Real American Capital (Real American Capital) Headlines

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