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Imagesat International (I.S.I) (XTAE:ISI) 6-1 Month Momentum % : 53.56% (As of May. 11, 2024)


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What is Imagesat International (I.S.I) 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 (2024-05-11), Imagesat International (I.S.I)'s 6-1 Month Momentum % is 53.56%.

The industry rank for Imagesat International (I.S.I)'s 6-1 Month Momentum % or its related term are showing as below:

XTAE:ISI's 6-1 Month Momentum % is ranked better than
86.36% of 308 companies
in the Aerospace & Defense industry
Industry Median: 8.525 vs XTAE:ISI: 53.56

Competitive Comparison of Imagesat International (I.S.I)'s 6-1 Month Momentum %

For the Aerospace & Defense subindustry, Imagesat International (I.S.I)'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.


Imagesat International (I.S.I)'s 6-1 Month Momentum % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Imagesat International (I.S.I)'s 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Imagesat International (I.S.I)'s 6-1 Month Momentum % falls into.



Imagesat International (I.S.I)  (XTAE:ISI) 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.


Imagesat International (I.S.I)  (XTAE:ISI) 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.


Imagesat International (I.S.I) 6-1 Month Momentum % Related Terms

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Imagesat International (I.S.I) (XTAE:ISI) Business Description

Traded in Other Exchanges
N/A
Address
6 Yoni Netanyahu Street, Or Yehuda, ISR, 6037604
Imagesat International (I.S.I) Ltd is a provider of space-based intelligence & information solutions. The satellite services of the company include EROS C, EROS B, EROSAR, and global eye.

Imagesat International (I.S.I) (XTAE:ISI) Headlines

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