6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-30), BM Technologies's 6-1 Month Momentum % is -29.18%.
The industry rank for BM Technologies's 6-1 Month Momentum % or its related term are showing as below:
BMTX's 6-1 Month Momentum % is ranked worse than 87.95% of 2788
companies
in the Software industry
Industry Median: 7.145
vs BMTX: -29.18
Competitive Comparison of BM Technologies's 6-1 Month Momentum %
For the Software - Application subindustry, BM Technologies'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.
BM Technologies's 6-1 Month Momentum % Distribution in the Software Industry
For the Software industry and Technology sector, BM Technologies's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where BM Technologies's 6-1 Month Momentum % falls into.
* 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.
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.
BM Technologies 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of BM Technologies's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
BM Technologies (BM Technologies) Business Description
BM Technologies Inc provides digital banking and disbursement services to consumers and students nationwide through a full service fintech banking platform, accessible to customers anywhere and anytime through digital channels. It facilitates deposits and banking services between a customer and its Partner Bank, Customers Bank, which is a related party and is a Federal Deposit Insurance Corporation (FDIC) insured bank. Tje company has four primary revenue sources: interchange and card revenue, servicing fees, account fees, and university fees. The majority of revenues are driven by customer activity (deposits, spend, transactions, etc.) and may be paid or passed through by Customers Bank, universities, or paid directly by customers.
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