GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Morgan Stanley Direct Lending Fund (NYSE:MSDL) » Definitions » 6-1 Month Momentum %

Morgan Stanley Direct Lending Fund (Morgan Stanley Direct Lending Fund) 6-1 Month Momentum % : N/A% (As of Jun. 05, 2024)


View and export this data going back to 2024. Start your Free Trial

What is Morgan Stanley Direct Lending Fund 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 (2024-06-05), Morgan Stanley Direct Lending Fund's 6-1 Month Momentum % is N/A%.

The industry rank for Morgan Stanley Direct Lending Fund's 6-1 Month Momentum % or its related term are showing as below:

MSDL's 6-1 Month Momentum % is not ranked *
in the Asset Management industry.
Industry Median: 4.46
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Morgan Stanley Direct Lending Fund's 6-1 Month Momentum %

For the Asset Management subindustry, Morgan Stanley Direct Lending Fund'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.


Morgan Stanley Direct Lending Fund's 6-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Morgan Stanley Direct Lending Fund's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Morgan Stanley Direct Lending Fund's 6-1 Month Momentum % falls into.



Morgan Stanley Direct Lending Fund  (NYSE:MSDL) 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.


Morgan Stanley Direct Lending Fund  (NYSE:MSDL) 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.


Morgan Stanley Direct Lending Fund 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Morgan Stanley Direct Lending Fund's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Morgan Stanley Direct Lending Fund (Morgan Stanley Direct Lending Fund) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
Morgan Stanley Direct Lending Fund is a fund whose investment objective is to achieve attractive risk-adjusted returns via current income and, to a lesser extent, capital appreciation by investing primarily in directly originated senior secured term loans issued by U.S. middle-market companies backed by private equity sponsors. They invest primarily in directly originated senior secured term loans including first lien senior secured term loans including unitranche loans and second lien senior secured term loans, with the balance of our investments expected to be in higher-yielding assets such as mezzanine debt, unsecured debt, equity investments and other opportunistic asset purchases.

Morgan Stanley Direct Lending Fund (Morgan Stanley Direct Lending Fund) Headlines