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Baillie Gifford UK Growth Trust (LSE:BGUK) 6-1 Month Momentum % : 2.04% (As of Dec. 15, 2024)


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What is Baillie Gifford UK Growth 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), Baillie Gifford UK Growth Trust's 6-1 Month Momentum % is 2.04%.

The industry rank for Baillie Gifford UK Growth Trust's 6-1 Month Momentum % or its related term are showing as below:

LSE:BGUK's 6-1 Month Momentum % is ranked better than
53.19% of 1726 companies
in the Asset Management industry
Industry Median: 1.555 vs LSE:BGUK: 2.04

Competitive Comparison of Baillie Gifford UK Growth Trust's 6-1 Month Momentum %

For the Asset Management subindustry, Baillie Gifford UK Growth 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.


Baillie Gifford UK Growth Trust's 6-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Baillie Gifford UK Growth Trust's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Baillie Gifford UK Growth Trust's 6-1 Month Momentum % falls into.



Baillie Gifford UK Growth Trust  (LSE:BGUK) 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.


Baillie Gifford UK Growth Trust  (LSE:BGUK) 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.


Baillie Gifford UK Growth Trust 6-1 Month Momentum % Related Terms

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Baillie Gifford UK Growth Trust Business Description

Traded in Other Exchanges
Address
28 St James’s Square, Grimaldi House, London, GBR, SW1Y 4JH
Baillie Gifford UK Growth Trust PLC is an investment company and carries on business as an investment trust. The principal investment objective of the company is to achieve capital growth predominantly from investment in UK equities, to provide a total return in excess of the FTSE All-Share Index. The portfolio predominantly consists of securities of listed UK equities from different sectors.

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