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SSE (SSEZF) 6-1 Month Momentum % : -8.39% (As of Dec. 13, 2024)


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What is SSE 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), SSE's 6-1 Month Momentum % is -8.39%.

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

SSEZF's 6-1 Month Momentum % is ranked worse than
64.34% of 558 companies
in the Utilities - Regulated industry
Industry Median: 1.595 vs SSEZF: -8.39

Competitive Comparison of SSE's 6-1 Month Momentum %

For the Utilities - Diversified subindustry, SSE'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.


SSE's 6-1 Month Momentum % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, SSE's 6-1 Month Momentum % distribution charts can be found below:

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



SSE  (OTCPK:SSEZF) 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.


SSE  (OTCPK:SSEZF) 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.


SSE 6-1 Month Momentum % Related Terms

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


SSE Business Description

Traded in Other Exchanges
Address
200 Dunkeld Road, Inveralmond House, Perth, Perthshire, GBR, PH1 3AQ
SSE is an integrated utility based in the United Kingdom. The bulk of SSE's profit comes from the company's power generation businesses and its electricity transmission and distribution networks. The firm is also involved in smaller related businesses such as gas storage and energy services.

SSE Headlines

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