6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-28), Goldmanchs BDC's 6-1 Month Momentum % is 12.47%.
The industry rank for Goldmanchs BDC's 6-1 Month Momentum % or its related term are showing as below:
GSBD's 6-1 Month Momentum % is ranked better than 52.18% of 1744
companies
in the Asset Management industry
Industry Median: 11.415
vs GSBD: 12.47
Competitive Comparison of Goldmanchs BDC's 6-1 Month Momentum %
For the Asset Management subindustry, Goldmanchs BDC'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.
Goldmanchs BDC's 6-1 Month Momentum % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Goldmanchs BDC's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Goldmanchs BDC's 6-1 Month Momentum % falls into.
* 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.
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.
Goldmanchs BDC 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Goldmanchs BDC's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Goldmanchs BDC (Goldmanchs BDC) Business Description
Goldman Sachs BDC Inc is a non-diversified, closed-end management investment company that elected to be regulated as a business development company focused on lending to middle-market companies. The investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including the first lien, unitranche and second lien debt, and unsecured debt. It invests primarily in U.S. middle-market companies such as banks and the public debt markets. The company's origination strategy focuses on leading the negotiation and structuring of the loans or securities in which it invests and holding the investments in its portfolio to maturity. It generates majority revenue in the form of interest income and dividend income.
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