What is Eaton Vance Seniorome Trust 12-1 Month Momentum %?
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-05), Eaton Vance Seniorome Trust's 12-1 Month Momentum % is 19.85%.
The industry rank for Eaton Vance Seniorome Trust's 12-1 Month Momentum % or its related term are showing as below:
EVF's 12-1 Month Momentum % is ranked better than 80.31% of 1742
companies
in the Asset Management industry
Industry Median: 1.6
vs EVF: 19.85
For the Asset Management subindustry, Eaton Vance Seniorome Trust's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 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.
Eaton Vance Seniorome Trust's 12-1 Month Momentum % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Eaton Vance Seniorome Trust's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Eaton Vance Seniorome Trust's 12-1 Month Momentum % falls into.
* 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.
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 12-1 Month Momentum % measures the total return to a stock over the past twelve 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.
Eaton Vance Seniorome Trust 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Eaton Vance Seniorome Trust's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Eaton Vance Seniorome Trust (Eaton Vance Seniorome Trust) Business Description
Eaton Vance Senior Income Trust is a United States-based diversified, closed-end management investment company. Its investment objective is to provide a high level of current income consistent with the preservation of capital, by investing in senior, secured floating-rate loans. The trust invests in below-investment-grade floating-rate loans, which are considered speculative because of the credit risk of their issuers. Its portfolio of investment consists of aerospace and defense, automotive, beverage, building and development, business equipment and services, cable and satellite television and other areas.
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