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Compass Group (LSE:CPG) 6-1 Month Momentum %

: 6.48% (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), Compass Group's 6-1 Month Momentum % is 6.48%.

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

LSE:CPG's 6-1 Month Momentum % is ranked better than
60.64% of 343 companies
in the Restaurants industry
Industry Median: 2.12 vs LSE:CPG: 6.48

Competitive Comparison

For the Restaurants subindustry, Compass 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.


Compass Group 6-1 Month Momentum % Distribution

For the Restaurants industry and Consumer Cyclical sector, Compass Group's 6-1 Month Momentum % distribution charts can be found below:

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



Compass Group  (LSE:CPG) 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.


Compass Group  (LSE:CPG) 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.


Compass Group 6-1 Month Momentum % Related Terms

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Compass Group (LSE:CPG) Business Description

Traded in Other Exchanges
Address
Guildford Street, Compass House, Chertsey, Surrey, GBR, KT16 9BQ
Compass Group is the largest food-service company globally, operating in more than 50 countries with annual sales of more than GBP 25 billion. Compass Group's model stems from operating on-premises catering facilities, rather than centralised industrial kitchens. Food service is Compass' core focus and contributes more than 80% of revenue. In addition, the company provides support services to clients through activities including cleaning services, office services (for example, concierge services), grounds maintenance, and so on.