GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SU Group Holdings Ltd (NAS:SUGP) » Definitions » 6-1 Month Momentum %

SUGP (SU Group Holdings) 6-1 Month Momentum % : 11.43% (As of Dec. 15, 2024)


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

What is SU Group Holdings 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), SU Group Holdings's 6-1 Month Momentum % is 11.43%.

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

SUGP's 6-1 Month Momentum % is ranked better than
71.34% of 1071 companies
in the Business Services industry
Industry Median: -2.06 vs SUGP: 11.43

Competitive Comparison of SU Group Holdings's 6-1 Month Momentum %

For the Security & Protection Services subindustry, SU Group Holdings'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.


SU Group Holdings's 6-1 Month Momentum % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SU Group Holdings's 6-1 Month Momentum % distribution charts can be found below:

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



SU Group Holdings  (NAS:SUGP) 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.


SU Group Holdings  (NAS:SUGP) 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.


SU Group Holdings 6-1 Month Momentum % Related Terms

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


SU Group Holdings Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
31 Hung To Road, Unit 01 – 03, 3rd Floor, Billion Trade Centre, Kwun Tong, Kowloon, Hong Kong, HKG
SU Group Holdings Ltd and its subsidiaries is an integrated security-related services company. The company has two reportable segments: security-related engineering services, and security guarding and screening services and related vocational training services. The company generates the majority of its revenue from the security-related engineering services segment.