6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-25), Franklin Covey Co's 6-1 Month Momentum % is 2.58%.
The industry rank for Franklin Covey Co's 6-1 Month Momentum % or its related term are showing as below:
FC's 6-1 Month Momentum % is ranked worse than 51.12% of 268
companies
in the Education industry
Industry Median: 3.195
vs FC: 2.58
Competitive Comparison of Franklin Covey Co's 6-1 Month Momentum %
For the Education & Training Services subindustry, Franklin Covey Co'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.
Franklin Covey Co's 6-1 Month Momentum % Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, Franklin Covey Co's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Franklin Covey Co's 6-1 Month Momentum % falls into.
Franklin Covey Co (NYSE:FC) 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.
Franklin Covey Co (NYSE:FC) 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.
Franklin Covey Co 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Franklin Covey Co's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Franklin Covey Co (Franklin Covey Co) Business Description
Franklin Covey Co is a global company focused on organizational performance improvement. It focuses on providing time management and effectiveness training for individuals and corporations via online training as well as in-person workshops and events. The company provides training and consulting services in the areas of leadership, execution, productivity, trust, sales performance, customer loyalty, and educational improvement. It operates in the business segments of Direct Offices, Education practice, and International Licensees. The company derives revenue from providing training and consulting services, and through the selling of books, audio media, and other related products. It has a business presence in the United States and other international countries.
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