BTS Group AB (BTS Group AB) 6-1 Month Momentum % : 12.77% (As of Jun. 25, 2024)

View and export this data going back to 2013. Start your Free Trial

What is BTS Group AB 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 (2024-06-25), BTS Group AB's 6-1 Month Momentum % is 12.77%.

The industry rank for BTS Group AB's 6-1 Month Momentum % or its related term are showing as below:

BGPBF's 6-1 Month Momentum % is ranked better than
80.31% of 1092 companies
in the Business Services industry
Industry Median: -0.205 vs BGPBF: 12.77

Competitive Comparison of BTS Group AB's 6-1 Month Momentum %

For the Consulting Services subindustry, BTS Group AB'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.

BTS Group AB's 6-1 Month Momentum % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, BTS Group AB's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where BTS Group AB's 6-1 Month Momentum % falls into.

BTS Group AB (OTCPK:BGPBF) 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.

BTS Group AB (OTCPK:BGPBF) 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.

BTS Group AB 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of BTS Group AB's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

BTS Group AB (BTS Group AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BTS Group AB (OTCPK:BGPBF) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

BTS B:Sweden 0KGY:UK BX1B:Germany

Address

Grevgatan 34, Stockholm, SWE, SE-114 53

Website

https://www.bts.com

BTS Group AB is a global professional services firm. The group helps companies and leaders at all levels to help them make better decisions, to go from decision to action, and deliver desired results. BTS services include strategy implementation, leadership development, assessment for selection and development, business acumen, development of sales organizations, coaching, and digital services, tools, and platforms. It operates globally and has customers such as Salesforce, SAP, Abbott, Tetra Pak, EY, Vale, and BHP. The company's geographical segments include North America, Europe, Other Markets, and APG.