Helius Minerals (TSXV:HHH) 6-1 Month Momentum % : -25.00% (As of May. 25, 2024)

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What is Helius Minerals 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 (2024-05-25), Helius Minerals's 6-1 Month Momentum % is -25.00%.

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

TSXV:HHH's 6-1 Month Momentum % is ranked worse than
70.2% of 2564 companies
in the Metals & Mining industry
Industry Median: -2.86 vs TSXV:HHH: -25.00

Competitive Comparison of Helius Minerals's 6-1 Month Momentum %

For the Other Industrial Metals & Mining subindustry, Helius Minerals'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.

Helius Minerals's 6-1 Month Momentum % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Helius Minerals's 6-1 Month Momentum % distribution charts can be found below:

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

Helius Minerals (TSXV:HHH) 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.

Helius Minerals (TSXV:HHH) 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.

Helius Minerals 6-1 Month Momentum % Related Terms

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Helius Minerals (TSXV:HHH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Helius Minerals Ltd (TSXV:HHH) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Kings Park Road, Ground Floor, West Perth, WA, AUS, 6005

Website

https://www.altnev.com

Altan Nevada Minerals Ltd is a Canada-based exploration company. It is engaged in the business of acquisition and exploration of exploration and evaluation assets in the United States. Some of the company's projects are Venus, Montelle, and Yellow cone. The Venus Copper project is located within the Yerington copper porphyry district in the Walker Lane mineralized belt in Nevada and it consists of 111 unpatented mining claims covering approximately 2,165 acres. The Montelle project lies 28 km west-northwest of Hawthorne, Nevada and is 35 km south-southeast of major copper and copper-gold projects in the Yerington mining district and covers approximately 1,220 acres.