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Entain 6-1 Month Momentum %

: -34.30% (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 (2022-08-16), Entain's 6-1 Month Momentum % is -34.30%.

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

LSE:ENT's 6-1 Month Momentum % is ranked worse than
80.39% of 872 companies
in the Travel & Leisure industry
Industry Median: -12.19 vs LSE:ENT: -34.30

Competitive Comparison

For the Gambling subindustry, Entain'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.

   

Entain 6-1 Month Momentum % Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Entain's 6-1 Month Momentum % distribution charts can be found below:

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



Entain  (LSE:ENT) 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.


Entain  (LSE:ENT) 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.


Entain 6-1 Month Momentum % Related Terms

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Entain Business Description

Entain logo
Traded in Other Exchanges
Address
One New Change, London, GBR, EC4M 9AF
Entain PLC is an online sports betting and gaming company. It owns a portfolio of sports brands that include bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds and Sportingbet; Games Brands include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, partypoker and PartyCasino. The Group's operating segments are aggregated into five reportable segments: Online, Retail, New Opportunities, Other and Corporate.

Entain Headlines

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