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Morgan Sindall Group (STU:0KN) 6-1 Month Momentum % : 45.39% (As of Dec. 14, 2024)


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What is Morgan Sindall 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 (2024-12-14), Morgan Sindall Group's 6-1 Month Momentum % is 45.39%.

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

STU:0KN's 6-1 Month Momentum % is ranked better than
89.74% of 1832 companies
in the Construction industry
Industry Median: -1.51 vs STU:0KN: 45.39

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

For the Engineering & Construction subindustry, Morgan Sindall 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.


Morgan Sindall Group's 6-1 Month Momentum % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Morgan Sindall Group's 6-1 Month Momentum % distribution charts can be found below:

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



Morgan Sindall Group  (STU:0KN) 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 Sindall Group  (STU:0KN) 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 Sindall Group 6-1 Month Momentum % Related Terms

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Morgan Sindall Group Business Description

Traded in Other Exchanges
Address
Kent House, 14–17 Market Place, London, GBR, W1W 8AJ
Morgan Sindall Group PLC is a construction and regeneration company in the United Kingdom. The business activities of the group are functioned through Construction, Infrastructure, Fit Out, Property Services, Partnership Housing and Urban Regeneration. The company offers services to commercial, defense, education, energy, healthcare, industrial, leisure, retail, transportation, and water markets. Group serves both the public and private sectors. It derives the majority of revenue from Fit Out segment.

Morgan Sindall Group Headlines

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