BGC Group (BGC Group) 6-1 Month Momentum % : 30.19% (As of Apr. 29, 2024)

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What is BGC Group 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 (2024-04-29), BGC Group's 6-1 Month Momentum % is 30.19%.

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

BGC's 6-1 Month Momentum % is ranked better than
69% of 816 companies
in the Capital Markets industry
Industry Median: 14.065 vs BGC: 30.19

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

For the Capital Markets subindustry, BGC Group'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.

BGC Group's 6-1 Month Momentum % Distribution in the Capital Markets Industry

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

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

BGC Group (NAS:BGC) 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.

BGC Group (NAS:BGC) 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.

BGC Group 6-1 Month Momentum % Related Terms

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BGC Group (BGC Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BGC Group Inc (NAS:BGC) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

ESD:Germany

Address

499 Park Avenue, New York, NY, USA, 10022

Website

https://www.bgcg.com

BGC Group Inc is a brokerage and financial technology company that serves the global financial markets. Its service and product offerings include brokerage for a wide range of financial products including fixed income, equities, commodities, derivatives, and real estate, software solutions for trading platforms, clearing, trade execution, and other back-office services. Its clients mostly include banks, brokerage houses, hedge funds, and investment banks. BGC operates in one reportable segment, which is providing brokerage services to the financial markets. The company earns the majority of its revenue in the United Kingdom followed by the United States.

Executives

William Dean Addas	director	C/O DEUTSCHE BANK, 300 S. GRAND AVENUE, LOS ANGELES CA 90071-3109
Jason W. Hauf	officer: Chief Financial Officer	BGC PARTNERS, 499 PARK AVENUE, NEW YORK NY 10022
Arthur U Mbanefo	director	280 PARK AVENUE 40 WEST, CO ORIX, NEW YORK NY 10017
Sean A Windeatt	officer: Chief Operating Officer	C/O BGC PARTNERS, INC., 499 PARK AVENNUE NY 10022
Stephen M Merkel	officer: EVP and General Counsel	C/O BGC PARTNERS, INC., 499 PARK AVENUE, NEW YORK NY 10022
Linda A Bell	director	C/O BGC PARTNERS, INC., 499 PARK AVENUE, NEW YORK NY 10022
David Richards	director	C/O BGC PARTNERS, INC., 499 PARK AVENUE, NEW YORK NY 10022
Martin Laguerre	director	C/O BGC PARTNERS, INC., 499 PARK AVENUE, NEW YORK NY 10022
Steven Bisgay	officer: Chief Financial Officer	545 WASHINGTON BLVD, JERSEY CITY NJ 07310
Cf Group Management Inc	director, 10 percent owner	135 EAST 57TH ST, NEW YORK NY 10022
Cantor Fitzgerald, L. P.	director, 10 percent owner	110 EAST 59TH STREET, NEW YORK NY 10022
Sean Galvin	officer: Chief Accounting Officer	545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
William J Moran	director	135 EAST 57TH ST, NEW YORK NY 10022
Howard W Lutnick	director, 10 percent owner, officer: Chief Executive Officer
Steven R Mcmurray	officer: Chief Financial Officer	C/O BGC PARTNERS, INC., 499 PARK AVENUE, NEW YORK NY 10022