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Anexo Group (LSE:ANX) 6-1 Month Momentum % : 1.45% (As of Dec. 13, 2024)


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What is Anexo Group 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 (2024-12-13), Anexo Group's 6-1 Month Momentum % is 1.45%.

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

LSE:ANX's 6-1 Month Momentum % is ranked better than
55.64% of 1073 companies
in the Business Services industry
Industry Median: -1.88 vs LSE:ANX: 1.45

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

For the Rental & Leasing Services subindustry, Anexo Group'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.


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

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

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



Anexo Group  (LSE:ANX) 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.


Anexo Group  (LSE:ANX) 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.


Anexo Group 6-1 Month Momentum % Related Terms

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Anexo Group Business Description

Traded in Other Exchanges
Address
100 Old Hall Street, 5th Floor, The Plaza, Liverpool, Merseyside, GBR, L3 9QJ
Anexo Group PLC is a specialist integrated credit hire and legal services group focused on providing replacement vehicles and associated legal services to customers who have been involved in a non-fault accident.. The company provides an integrated end to end service to the customer including the provision of a credit hire vehicle, upfront settlement of repair and recovery charges through to the management and recovery of costs and the processing of any associated personal injury claim. The company has two main segments: credit hire vehicles for non-fault accidents and associated legal services, which include support for those provided with vehicles and other legal activities like the large loss department and emissions trading.

Anexo Group Headlines

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