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BlackRock Energy and Resourcesome Trust (CHIX:BERIL) 6-1 Month Momentum % : -2.87% (As of Dec. 15, 2024)


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What is BlackRock Energy and Resourcesome Trust 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 (2024-12-15), BlackRock Energy and Resourcesome Trust's 6-1 Month Momentum % is -2.87%.

The industry rank for BlackRock Energy and Resourcesome Trust's 6-1 Month Momentum % or its related term are showing as below:

CHIX:BERIl's 6-1 Month Momentum % is ranked better than
56.03% of 1726 companies
in the Asset Management industry
Industry Median: 1.555 vs CHIX:BERIl: -2.87

Competitive Comparison of BlackRock Energy and Resourcesome Trust's 6-1 Month Momentum %

For the Asset Management subindustry, BlackRock Energy and Resourcesome Trust'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.


BlackRock Energy and Resourcesome Trust's 6-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Energy and Resourcesome Trust's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where BlackRock Energy and Resourcesome Trust's 6-1 Month Momentum % falls into.



BlackRock Energy and Resourcesome Trust  (CHIX:BERIl) 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.


BlackRock Energy and Resourcesome Trust  (CHIX:BERIl) 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.


BlackRock Energy and Resourcesome Trust 6-1 Month Momentum % Related Terms

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BlackRock Energy and Resourcesome Trust Business Description

Traded in Other Exchanges
Address
12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock Energy and Resources Income Trust PLC is a UK-based investment trust company. The company's objectives are to achieve an annual dividend target and, over the long term, capital growth by investing in securities of companies operating in the mining and energy sectors. It seeks to achieve its objectives through a focused portfolio consisting of approximately thirty to one hundred and fifty securities. The company operates a flexible gearing policy that depends on prevailing market conditions.

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