6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-06), Pluralsight's 6-1 Month Momentum % is 23.19%.
The industry rank for Pluralsight's 6-1 Month Momentum % or its related term are showing as below:
PS's 6-1 Month Momentum % is not ranked
in the Software industry.
Industry Median: 3.015
vs PS: 23.19
Competitive Comparison of Pluralsight's 6-1 Month Momentum %
For the Software - Application subindustry, Pluralsight'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.
Pluralsight's 6-1 Month Momentum % Distribution in the Software Industry
For the Software industry and Technology sector, Pluralsight's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Pluralsight'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.
Pluralsight 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Pluralsight's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Pluralsight Inc operates as an enterprise software company. It primarily offers technology skill development solutions through its cloud-based technology learning platform that is broadly accessible. The platform is powered by Iris, the company's proprietary machine-learning driven skill assessment algorithm and recommendation engine, which enables businesses to more effectively quantify and develop skills across technologies. Pluralsight offers courses across a range of technology subject areas, including cloud, mobile, security, information technology, and data. The company has geographical footprints in the United States, Europe, the Middle East and Africa, and other foreign locations. It generates a majority of its revenue from the United States.
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