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Sterling Investments (XJAM:SIL) 6-1 Month Momentum % : 6.69% (As of Dec. 13, 2024)


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What is Sterling Investments 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), Sterling Investments's 6-1 Month Momentum % is 6.69%.

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

XJAM:SIL's 6-1 Month Momentum % is ranked worse than
54.13% of 811 companies
in the Capital Markets industry
Industry Median: 11.11 vs XJAM:SIL: 6.69

Competitive Comparison of Sterling Investments's 6-1 Month Momentum %

For the Capital Markets subindustry, Sterling Investments'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.


Sterling Investments's 6-1 Month Momentum % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sterling Investments's 6-1 Month Momentum % distribution charts can be found below:

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



Sterling Investments  (XJAM:SIL) 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.


Sterling Investments  (XJAM:SIL) 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.


Sterling Investments 6-1 Month Momentum % Related Terms

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Sterling Investments Business Description

Traded in Other Exchanges
N/A
Address
40 Knutsford Boulevard, 3rd Floor, Kingston 5, Kingston, JAM
Sterling Investments Ltd is an investment holding company. It invests in an array of high-quality fixed income securities denominated in United States dollars. It generates income through interest income earned on the securities in the portfolio and through capital gains as a result of increases in the price of the securities.