6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2025-04-07), Baker Hughes Co's 6-1 Month Momentum % is 13.00%.
The industry rank for Baker Hughes Co's 6-1 Month Momentum % or its related term are showing as below:
BKR's 6-1 Month Momentum % is ranked better than 80.34% of 1053
companies
in the Oil & Gas industry
Industry Median: -9.64
vs BKR: 13.00
Competitive Comparison of Baker Hughes Co's 6-1 Month Momentum %
For the Oil & Gas Equipment & Services subindustry, Baker Hughes 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.
Baker Hughes Co's 6-1 Month Momentum % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Baker Hughes Co's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Baker Hughes Co's 6-1 Month Momentum % falls into.
Baker Hughes Co (NAS:BKR) 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.
Baker Hughes Co (NAS:BKR) 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.
Baker Hughes Co 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Baker Hughes Co's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Following a 2022 reorganization, Baker Hughes operates across two segments: oilfield services and equipment, and industrial and energy technology. The firm's oilfield services and equipment segment, or OFSE, is one of the Big Three oilfield service players, along with SLB and Halliburton, and mostly supplies to hydrocarbon developers and producers, including national oil companies, major integrated firms, and independents. Markets outside of North America buy roughly three quarters of the firm's OFSE. Baker Hughes' industrial and energy technology segment manufactures and sells turbines, compressors, pumps, valves, and related testing and monitoring services across various energy and industrial applications.
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