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Clairvest Group (OTCPK:CVTGF) 6-1 Month Momentum %

: 24.47% (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 (2023-03-30), Clairvest Group's 6-1 Month Momentum % is 24.47%.

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

CVTGF's 6-1 Month Momentum % is ranked worse than
57.7% of 1766 companies
in the Asset Management industry
Industry Median: 5.37 vs CVTGF: 24.47

Competitive Comparison

For the Asset Management subindustry, Clairvest 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.


Clairvest Group 6-1 Month Momentum % Distribution

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

* The bar in red indicates where Clairvest Group's 6-1 Month Momentum % falls in comparison to its industry or sector. The grey bar indicates the 6-1 Month Momentum %'s extreme value range as defined by GuruFocus.

Clairvest Group  (OTCPK:CVTGF) 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.

Clairvest Group  (OTCPK:CVTGF) 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.

Clairvest Group 6-1 Month Momentum % Related Terms

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Clairvest Group (OTCPK:CVTGF) Business Description

Clairvest Group logo
Traded in Other Exchanges
22 St. Clair Avenue East, Suite 1700, Toronto, ON, CAN, M4T 2S3
Clairvest Group Inc is a Canadian equity investment firm. The company invests in and partners with the management teams of business that have the potential to create average returns in their respective industries. Clairvest contributes financing and strategic expertise to support the growth and development of its investee companies in order to create realizable value for all shareholders. It invests its own capital into entrepreneurial corporations.