GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » STV Group PLC (STU:3YC) » Definitions » 6-1 Month Momentum %

STV Group (STU:3YC) 6-1 Month Momentum % : 6.72% (As of Oct. 31, 2024)


View and export this data going back to 2021. Start your Free Trial

What is STV Group 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 (2024-10-31), STV Group's 6-1 Month Momentum % is 6.72%.

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

STU:3YC's 6-1 Month Momentum % is ranked better than
61.53% of 1058 companies
in the Media - Diversified industry
Industry Median: -2.91 vs STU:3YC: 6.72

Competitive Comparison of STV Group's 6-1 Month Momentum %

For the Broadcasting subindustry, STV Group'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.


STV Group's 6-1 Month Momentum % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, STV Group's 6-1 Month Momentum % distribution charts can be found below:

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



STV Group  (STU:3YC) 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.


STV Group  (STU:3YC) 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.


STV Group 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of STV Group's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


STV Group Business Description

Traded in Other Exchanges
Address
Pacific Quay, Glasgow, GBR, G51 1PQ
STV Group PLC is Scotland's digital media brand, providing consumers with quality content on air, online, and on demand. It is engaged in the production and broadcasting of television programs, provision of internet services, and the sale of advertising airtime and space in these media. Its segments are Broadcast, Digital, and Studios. The company generates the majority of its revenue from the Broadcast segment. The group operates digital services in four cities in Scotland which provide news, events, offers, pictures, and videos for consumers: STV Glasgow, STV Edinburgh, STV Aberdeen, and STV Dundee.

STV Group Headlines

No Headlines