GURUFOCUS.COM » STOCK LIST » Latin America » Brazil » BSP » BlackRock Institutional Trust Company NA (BSP:BEWQ39) » Definitions » 6-1 Month Momentum %
Switch to:

BlackRock Institutional Trust Company NA 6-1 Month Momentum %

: -23.63% (As of Today)
View and export this data going back to 2021. Start your Free Trial

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2022-08-07), BlackRock Institutional Trust Company NA's 6-1 Month Momentum % is -23.63%.

The industry rank for BlackRock Institutional Trust Company NA's 6-1 Month Momentum % or its related term are showing as below:

BSP:BEWQ39's 6-1 Month Momentum % is ranked better than
75.19% of 1753 companies
in the Asset Management industry
Industry Median: -14.19 vs BSP:BEWQ39: -23.63

Competitive Comparison

For the Asset Management subindustry, BlackRock Institutional Trust Company NA'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.

   

BlackRock Institutional Trust Company NA 6-1 Month Momentum % Distribution

For the Asset Management industry and Financial Services sector, BlackRock Institutional Trust Company NA's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where BlackRock Institutional Trust Company NA's 6-1 Month Momentum % falls into.



BlackRock Institutional Trust Company NA  (BSP:BEWQ39) 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.


BlackRock Institutional Trust Company NA  (BSP:BEWQ39) 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.


BlackRock Institutional Trust Company NA 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of BlackRock Institutional Trust Company NA's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock Institutional Trust Company NA Business Description


BlackRock Institutional Trust Company NA Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)