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BEDU (Bright Scholar Education Holdings) 6-1 Month Momentum % : -1.04% (As of Dec. 11, 2024)


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What is Bright Scholar Education Holdings 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 (2024-12-11), Bright Scholar Education Holdings's 6-1 Month Momentum % is -1.04%.

The industry rank for Bright Scholar Education Holdings's 6-1 Month Momentum % or its related term are showing as below:

BEDU's 6-1 Month Momentum % is ranked worse than
59.56% of 272 companies
in the Education industry
Industry Median: 1.285 vs BEDU: -1.04

Competitive Comparison of Bright Scholar Education Holdings's 6-1 Month Momentum %

For the Education & Training Services subindustry, Bright Scholar Education Holdings'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.


Bright Scholar Education Holdings's 6-1 Month Momentum % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Bright Scholar Education Holdings's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Bright Scholar Education Holdings's 6-1 Month Momentum % falls into.



Bright Scholar Education Holdings  (NYSE:BEDU) 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.


Bright Scholar Education Holdings  (NYSE:BEDU) 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.


Bright Scholar Education Holdings 6-1 Month Momentum % Related Terms

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Bright Scholar Education Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Country Garden Road, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528300
Bright Scholar Education Holdings Ltd operates as an education service provider. The company offers overseas schools, complementary education services, and domestic kindergartens and K12 operation services. The group's overseas K12 education has several K12 schools, art colleges, language training institutions, and summer schools around the world. The complimentary education services segment of the company predominantly includes camp programs, after-school programs, through a network of learning centers in China, as well as international education consulting services. Geographically, the company operates in China which is the key revenue generating market, Canada, United States, and United Kingdom.