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PDCC (PEARL DIVER CREDIT COMPANY) 6-1 Month Momentum % : 2.30% (As of Apr. 09, 2025)


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What is PEARL DIVER CREDIT COMPANY 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 (2025-04-09), PEARL DIVER CREDIT COMPANY's 6-1 Month Momentum % is 2.30%.

The industry rank for PEARL DIVER CREDIT COMPANY's 6-1 Month Momentum % or its related term are showing as below:

PDCC's 6-1 Month Momentum % is ranked better than
66.76% of 1724 companies
in the Asset Management industry
Industry Median: -2.265 vs PDCC: 2.30

Competitive Comparison of PEARL DIVER CREDIT COMPANY's 6-1 Month Momentum %

For the Asset Management subindustry, PEARL DIVER CREDIT COMPANY'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.


PEARL DIVER CREDIT COMPANY's 6-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PEARL DIVER CREDIT COMPANY's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where PEARL DIVER CREDIT COMPANY's 6-1 Month Momentum % falls into.


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PEARL DIVER CREDIT COMPANY  (NYSE:PDCC) 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.


PEARL DIVER CREDIT COMPANY  (NYSE:PDCC) 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.


PEARL DIVER CREDIT COMPANY 6-1 Month Momentum % Related Terms

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PEARL DIVER CREDIT COMPANY Business Description

Traded in Other Exchanges
N/A
Address
747 Third Avenue, Suite 3603, New York, NY, USA, 10017
PEARL DIVER CREDIT COMPANY INC is an externally managed, non-diversified, closed-end management investment company. Its primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation by investing predominantly in third-party Collateralized Loan Obligation (CLO) equity and mezzanine tranches of predominately U.S.-dollar-denominated CLOs backed by corporate leveraged loans issued mainly to U.S. obligors.