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Gi Group Poland (WAR:GIG) 12-1 Month Momentum % : -5.74% (As of Jun. 21, 2024)


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What is Gi Group Poland 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-06-21), Gi Group Poland's 12-1 Month Momentum % is -5.74%.

The industry rank for Gi Group Poland's 12-1 Month Momentum % or its related term are showing as below:

WAR:GIG's 12-1 Month Momentum % is ranked worse than
56.65% of 1068 companies
in the Business Services industry
Industry Median: -0.325 vs WAR:GIG: -5.74

Competitive Comparison of Gi Group Poland's 12-1 Month Momentum %

For the Staffing & Employment Services subindustry, Gi Group Poland's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 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.


Gi Group Poland's 12-1 Month Momentum % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Gi Group Poland's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Gi Group Poland's 12-1 Month Momentum % falls into.



Gi Group Poland  (WAR:GIG) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-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.


Gi Group Poland  (WAR:GIG) 12-1 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 12-1 Month Momentum % measures the total return to a stock over the past twelve 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.


Gi Group Poland 12-1 Month Momentum % Related Terms

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Gi Group Poland (WAR:GIG) Business Description

Traded in Other Exchanges
N/A
Address
Sky Tower, ul. Gwiazdzista 66, Wroclaw, POL, 53-413
Gi Group Poland SA formerly Work Service SA is a Poland-based employment agency. It specializes in employment services and modern human resource solutions, providing services in the area of recruitment, the provision of skilled workers to clients, consulting and human resource management. The company has four main product lines, Temporary work, Outsourcing, Personnel Consulting and Strategic HR Consulting. The company generates a majority of its revenue from temporary work segment covering services relating to the recruitment of temporary workers directed to work for the contractor, supervising their work, reporting results, as well as the calculation of the components of remuneration and personnel record keeping and payment of wages.

Gi Group Poland (WAR:GIG) Headlines

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