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Sky and Space Co (Sky and Space Co) 6-1 Month Momentum % : N/A% (As of Jun. 17, 2024)


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What is Sky and Space 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 (2024-06-17), Sky and Space Co's 6-1 Month Momentum % is N/A%.

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

BENGF's 6-1 Month Momentum % is not ranked *
in the Hardware industry.
Industry Median: -1.995
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Sky and Space Co's 6-1 Month Momentum %

For the Communication Equipment subindustry, Sky and Space 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.


Sky and Space Co's 6-1 Month Momentum % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sky and Space Co's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Sky and Space Co's 6-1 Month Momentum % falls into.



Sky and Space Co  (GREY:BENGF) 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.


Sky and Space Co  (GREY:BENGF) 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.


Sky and Space Co 6-1 Month Momentum % Related Terms

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Sky and Space Co (Sky and Space Co) Business Description

Traded in Other Exchanges
N/A
Address
Barringtons House, 283 Rokeby Road, Subiaco, WA, AUS, 6008
Sky and Space Co Ltd is a nano-satellite, space technology company with European and Israeli centres of aerospace, satellite and software industry experts. Its core business is to construct and operate a communications infrastructure based on nanosatellite technology and develop highly sophisticated software systems that will deploy, maintain orbit control and handle the communication network in space to provide global coverage.

Sky and Space Co (Sky and Space Co) Headlines