BTCS (BTCS) 6-1 Month Momentum % : 57.89% (As of Apr. 26, 2024)

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What is BTCS 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-26), BTCS's 6-1 Month Momentum % is 57.89%.

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

BTCS's 6-1 Month Momentum % is ranked better than
80.69% of 813 companies
in the Capital Markets industry
Industry Median: 13.02 vs BTCS: 57.89

Competitive Comparison of BTCS's 6-1 Month Momentum %

For the Capital Markets subindustry, BTCS'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.

BTCS's 6-1 Month Momentum % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BTCS's 6-1 Month Momentum % distribution charts can be found below:

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

BTCS (NAS:BTCS) 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.

BTCS (NAS:BTCS) 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.

BTCS 6-1 Month Momentum % Related Terms

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BTCS (BTCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BTCS Inc (NAS:BTCS) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

BIC:Germany

Address

9466 Georgia Avenue, Suite 124, Silver Spring, MD, USA, 20910

Website

https://www.btcs.com

BTCS Inc is engaged in the business of hosting an online e-commerce marketplace where consumers can purchase merchandise using Digital Assets, including bitcoin. The company focuses on blockchain and Digital Asset ecosystems. The firm operates a beta e-commerce marketplace, which accepts a range of digital currencies, has designed a beta secure digital currency storage solution BTCS Wallet.

Executives

Charles W Allen	director, 10 percent owner, officer: CEO and CFO and Director	1881 N. NASH STREET, UNIT 701, ARLINGTON VA 22209
Melanie Pump	director	9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Manish Paranjape	officer: Chief Technology Officer	9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Prevoznik Michael Edward Jr	officer: Chief Financial Officer	9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Andrew Lee	officer: Chief Financial Officer	9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Charles Benjamin Lee	director	1525 MIRAMONTE AVE #3451, LOS ALTOS CA 94024
Van Cleef Carol R	director	9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Michal Handerhan	director, 10 percent owner, officer: COO and Chairman	10020 RAYNOR DR, SILVER SPRING MD 20901
David Garrity	director	157 EAST 32ND STREET, APT. 19B, NEW YORK NY 10016
Jonathan R Read	director	6711 E. CAMELBACK RD, #32, SCOTTSDALE AZ 85251
Kiser Charles Arlen Jr.	10 percent owner, officer: Chief Marketing Officer	1701 N. KENT ST., ARLINGTON VA 22209
Timothy Andrew Sidie	director, 10 percent owner, officer: CTO and Director	8022 LAKETOWNE CT., SEVERN MD 21144