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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2026-09-13), Pengana International Equities Limited's 6-1 Month Momentum % is -5.39%.
Pengana International Equities Limited (ASX:PIA) 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.
Pengana International Equities Limited 6-1 Month Momentum % Related Terms
ASX:PIA vs BLK, BX, KKR: 6-1 Month Momentum % Comparison
For the Asset Management subindustry, Pengana International Equities Limited'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.
Pengana International Equities Limited 6-1 Month Momentum % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pengana International Equities Limited's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Pengana International Equities Limited's 6-1 Month Momentum % falls into.
Pengana International Equities Limited (ASX:PIA) 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.
Pengana International Equities Limited (ASX:PIA) has a 6-1 Month Momentum % of -5.39% as of Sep. 13, 2026. 6-1 Month Momentum measures the total return of the stock from 6-month ago to 1-month ago. View historical data on Pengana International Equities Limited and its competitors. According to the industry distribution chart, Pengana International Equities Limited ranks #1158 out of 1651 companies in the Asset Management industry, placing it in the top 70.1%.
Is Pengana International Equities Limited's 6-1 Month Momentum % too high?
Pengana International Equities Limited's current 6-1 Month Momentum % is -5.39%. Based on the distribution chart, Pengana International Equities Limited ranks #1158 out of 1651 companies in the Asset Management industry, which is below the industry midpoint. Overall, Pengana International Equities Limited has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pengana International Equities Limited's 6-1 Month Momentum % compare to BLK and BX?
According to the Asset Management industry distribution chart, Pengana International Equities Limited ranks #1158 out of 1651 companies for 6-1 Month Momentum %. This places Pengana International Equities Limited in the lower half of its industry. The industry median 6-1 Month Momentum % is 0.48. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 6-1 Month Momentum % for an Asset Management company?
The median 6-1 Month Momentum % among Asset Management companies is 0.48, based on 1,651 companies in the industry. Companies in the top quartile (top 25%) have a 6-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 6-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 6-1 Month Momentum % mean?
A high 6-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 6-1 Month Momentum measures the total return of the stock from 6-month ago to 1-month ago. View historical data on Pengana International Equities Limited and its competitors. For the Asset Management industry, the median 6-1 Month Momentum % is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pengana International Equities Limited's current 6-1 Month Momentum % is -5.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pengana International Equities Limited stock overvalued right now?
Based on GuruFocus' analysis, Pengana International Equities Limited (ASX:PIA) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.28, compared to a current price of A$1.05 — trading 273.2% above its estimated fair value. The current 6-1 Month Momentum % is -5.39%. Pengana International Equities Limited's overall GF Score™ is 30/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 6-1 Month Momentum % calculated?
6-1 Month Momentum % is calculated from a company's financial statements. For Pengana International Equities Limited (ASX:PIA), the current 6-1 Month Momentum % is -5.39% as of Sep. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Pengana International Equities Limited (ASX:PIA) Overvalued in 2026?
Based on GuruFocus' analysis, Pengana International Equities Limited stock appears to be overvalued.
The current stock price of A$1.05 is trading 273.2% above its estimated GF Value™ of A$0.28.
GuruFocus considers Pengana International Equities Limited to be Significantly Overvalued.
Key valuation signals for ASX:PIA:
6-1 Month Momentum %: -5.39%
GF Value™: A$0.28 vs. price of A$1.05 (273.2% above fair value)
No single metric tells the full story. See the ASX:PIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pengana International Equities Limited is an Australian-listed investment company whose operating activity involves investing its Australian capital into businesses operating globally. Its investment objective is to provide shareholders with regular, reliable, and fully franked dividends as well as capital growth. The company invests in high-quality, ethically screened, growing businesses at reasonable prices, focusing on superior risk-adjusted returns over the long term. It operates in one business segment, being investment in securities.
30GF Score
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