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CenterPoint Energy (BSP:C1NP34) 6-1 Month Momentum %

: N/A% (As of Today)
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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-18), CenterPoint Energy's 6-1 Month Momentum % is N/A%.

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

BSP:C1NP34's 6-1 Month Momentum % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 0.32
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison

For the Utilities - Regulated Electric subindustry, CenterPoint Energy'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.


CenterPoint Energy 6-1 Month Momentum % Distribution

For the Utilities - Regulated industry and Utilities sector, CenterPoint Energy's 6-1 Month Momentum % distribution charts can be found below:

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



CenterPoint Energy  (BSP:C1NP34) 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.


CenterPoint Energy  (BSP:C1NP34) 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.


CenterPoint Energy 6-1 Month Momentum % Related Terms

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CenterPoint Energy (BSP:C1NP34) Business Description

Traded in Other Exchanges
Address
1111 Louisiana, Houston, TX, USA, 77002
CenterPoint Energy owns a portfolio of businesses. Its regulated electric utilities provide transmission and distribution services to more than 2.5 million customers in the Houston area, southern Indiana, and west central Ohio. The company has natural gas distribution systems in six states serving approximately 4 million customers.

CenterPoint Energy (BSP:C1NP34) Headlines

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