Barclays (Barclays) 6-1 Month Momentum % : 44.08% (As of Apr. 27, 2024)

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What is Barclays 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 (2024-04-27), Barclays's 6-1 Month Momentum % is 44.08%.

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

BCS's 6-1 Month Momentum % is ranked better than
93.06% of 1556 companies
in the Banks industry
Industry Median: 10.255 vs BCS: 44.08

Competitive Comparison of Barclays's 6-1 Month Momentum %

For the Banks - Diversified subindustry, Barclays'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.

Barclays's 6-1 Month Momentum % Distribution in the Banks Industry

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

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

Barclays (NYSE:BCS) 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.

Barclays (NYSE:BCS) 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.

Barclays 6-1 Month Momentum % Related Terms

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Barclays (Barclays) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Barclays PLC (NYSE:BCS) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

BCLYF:USA BCS N:Mexico BARCl:UK BARC:UK BCY:Germany BCY:Germany BCY:Germany BCY2:Germany BCY:Germany B1CS34:Brazil BCS:Argentina

Address

1 Churchill Place, London, GBR, E14 5HP

Website

https://www.barclays.com

Barclays is a universal bank headquartered in the United Kingdom. It operates via two principal segments; U.K. (38% of profit before tax) and International (71% of PBT). In its U.K. segment, the bank provides current accounts, mortgages, savings and investment management services, credit cards, and business banking services to retail clients and small and medium-size enterprises. The international segment includes a corporate bank offering banking solutions to large corporates, a bulge-bracket global investment bank, and a credit card and payments business. In 2022, Barclays generated roughly 60% of its income from the U.K. and 25% from the United States.