Buddy Technologies (FRA:TRO) 6-1 Month Momentum % : N/A% (As of Jun. 20, 2024)

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What is Buddy Technologies 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 (2024-06-20), Buddy Technologies's 6-1 Month Momentum % is N/A%.

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

FRA:TRO's 6-1 Month Momentum % is not ranked ^*
in the Software industry.
Industry Median: -2.23
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Buddy Technologies's 6-1 Month Momentum %

For the Software - Infrastructure subindustry, Buddy 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.

Buddy Technologies's 6-1 Month Momentum % Distribution in the Software Industry

For the Software industry and Technology sector, Buddy Technologies's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Buddy Technologies's 6-1 Month Momentum % falls into.

Buddy Technologies (FRA:TRO) 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.

Buddy Technologies (FRA:TRO) 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.

Buddy Technologies 6-1 Month Momentum % Related Terms

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Buddy Technologies (FRA:TRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Buddy Technologies Ltd (FRA:TRO) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Pirie Street, Level 3, Adelaide, SA, AUS, 5000

Website

https://www.buddy.com

Buddy Technologies Ltd is an IoT(Internet of Things) and a cloud-based technology company. The company's operating segment includes Commercial Business, Consumer Business, and Corporate. It generates maximum revenue from the Consumer Business segment that includes all the activities related to LIFX, which is the brand providing smart lighting solutions. Commercial Business includes Buddy Ohm, Buddy Cloud, and other Buddy Managed Services. Its geographical segments include Australia, North America, and EMEA(Europe, the Middle East & Africa).

Buddy Technologies (FRA:TRO) Headlines

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