BKI Investment Co (ASX:BKI) 6-1 Month Momentum % : 1.48% (As of Dec. 15, 2024)

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What is BKI Investment Co 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 (2024-12-15), BKI Investment Co's 6-1 Month Momentum % is 1.48%.

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

ASX:BKI's 6-1 Month Momentum % is ranked worse than
50.35% of 1726 companies
in the Asset Management industry
Industry Median: 1.555 vs ASX:BKI: 1.48

Competitive Comparison of BKI Investment Co's 6-1 Month Momentum %

For the Asset Management subindustry, BKI Investment Co'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.

BKI Investment Co's 6-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BKI Investment Co's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where BKI Investment Co's 6-1 Month Momentum % falls into.

BKI Investment Co (ASX:BKI) 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.

BKI Investment Co (ASX:BKI) 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.

BKI Investment Co 6-1 Month Momentum % Related Terms

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BKI Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BKI Investment Co Ltd (ASX:BKI) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Castlereagh Street, Suite 302, Level 3, Sydney, NSW, AUS, 2000

Website

https://www.bkilimited.com.au

BKI Investment Co Ltd invests in a diversified portfolio of Australian shares, trusts, and interest-bearing securities. Its investments are focused on research driven, active equities management, investing for the long term, in profitable companies, with a history of paying attractive dividend yields. The objective of the company is to generate an increasing income stream for distribution to shareholders in the form of fully franked dividends to the extent of available imputation tax credits, through long-term investment in a portfolio of assets that are also able to deliver long-term capital growth to shareholders.