6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-25), RCM Technologies's 6-1 Month Momentum % is 13.19%.
The industry rank for RCM Technologies's 6-1 Month Momentum % or its related term are showing as below:
RCMT's 6-1 Month Momentum % is ranked better than 61.49% of 579
companies
in the Conglomerates industry
Industry Median: 6.36
vs RCMT: 13.19
Competitive Comparison of RCM Technologies's 6-1 Month Momentum %
For the Conglomerates subindustry, RCM Technologies'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.
RCM Technologies's 6-1 Month Momentum % Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, RCM Technologies's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where RCM Technologies'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.
RCM Technologies 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of RCM Technologies's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
RCM Technologies (RCM Technologies) Business Description
RCM Technologies Inc is a provider of business and technology solutions designed to enhance and maximize the operational performance of its customers. It operates in three segments: Engineering, which provides a comprehensive portfolio of engineering and design services across three verticals: Energy Services, Process & Industrial, and Aerospace; Information Technology; and Specialty Health Care Services, engaged in providing the staffing of health care professionals, primarily health information management professionals, nurses, paraprofessionals, physicians, and therapists. The company generates maximum revenue from the Specialty Health Care segment. Geographically, it derives a majority of revenue from the United States and also has a presence in Canada, Puerto Rico, and Serbia.
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