GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BKS Bank AG (WBO:BKS) » Definitions » 6-1 Month Momentum %

BKS Bank AG (WBO:BKS) 6-1 Month Momentum % : -8.64% (As of Dec. 15, 2024)


View and export this data going back to 1986. Start your Free Trial

What is BKS Bank AG 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), BKS Bank AG's 6-1 Month Momentum % is -8.64%.

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

WBO:BKS's 6-1 Month Momentum % is ranked worse than
87.03% of 1611 companies
in the Banks industry
Industry Median: 9.62 vs WBO:BKS: -8.64

Competitive Comparison of BKS Bank AG's 6-1 Month Momentum %

For the Banks - Regional subindustry, BKS Bank AG'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.


BKS Bank AG's 6-1 Month Momentum % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BKS Bank AG's 6-1 Month Momentum % distribution charts can be found below:

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



BKS Bank AG  (WBO:BKS) 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.


BKS Bank AG  (WBO:BKS) 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.


BKS Bank AG 6-1 Month Momentum % Related Terms

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


BKS Bank AG Business Description

Traded in Other Exchanges
N/A
Address
St. Veiter Ring 43, Klagenfurt, AUT, 9020
BKS Bank AG operates as a bank in southern Austria. It has branches in Austria, Slovenia, Croatia and Slovakia and a representative office each in Slovenia, Croatia, Italy, and Hungary. Its segments are corporate and business banking, retail banking, and financial markets. The company's policy is to sustain the business on a long-term success.

BKS Bank AG Headlines