Herald Investment Trust (LSE:HRI) 6-1 Month Momentum %

: 27.27% (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 (2024-04-19), Herald Investment Trust's 6-1 Month Momentum % is 27.27%.

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

LSE:HRI's 6-1 Month Momentum % is ranked better than
90.06% of 1741 companies
in the Asset Management industry
Industry Median: 7.3 vs LSE:HRI: 27.27

Competitive Comparison

For the Asset Management subindustry, Herald Investment Trust'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.

Herald Investment Trust 6-1 Month Momentum % Distribution

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

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

Herald Investment Trust (LSE:HRI) 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.

Herald Investment Trust (LSE:HRI) 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.

Herald Investment Trust 6-1 Month Momentum % Related Terms

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Herald Investment Trust (LSE:HRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Herald Investment Trust PLC (LSE:HRI) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

HRIl:UK

Address

10-11 Charterhouse Square, Welken House, London, GBR, EC1M 6EE

Website

https://www.heralduk.com

Herald Investment Trust PLC is an UK-based investment trust which aims capital appreciation through investments in smaller quoted companies in the areas of telecommunications, multimedia, and technology on a long-term basis. It focuses upon on diversifies portfolio which offers long-term growth potential and to benchmark its performance against the technology sector. The trust's investment portfolio includes companies which are in the business of software and computer services, technology hardware and equipment, printing and publishing, industrial sectors, support services, and others. Geographically, investments of the company are spread across the UK, North America, Japan, Asia-Pacific, Europe, Middle East, and Africa. The trust's revenue mainly consists of dividend and interest.