6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2022-08-15), Syneos Health's 6-1 Month Momentum % is -21.88%.
The industry rank for Syneos Health's 6-1 Month Momentum % or its related term are showing as below:
SYNH's 6-1 Month Momentum % is ranked worse than 52.94% of 238
companies
in the Medical Diagnostics & Research industry
Industry Median: -20.34
vs SYNH: -21.88
Competitive Comparison
For the Diagnostics & Research subindustry, Syneos Health'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.
Syneos Health 6-1 Month Momentum % Distribution
For the Medical Diagnostics & Research industry and Healthcare sector, Syneos Health's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Syneos Health's 6-1 Month Momentum % falls into.
Syneos Health (NAS:SYNH) 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.
Syneos Health (NAS:SYNH) 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.
Syneos Health 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Syneos Health's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Syneos is a global contract research and outsourced commercialization organization that provides services to pharmaceutical and biotechnology firms. Its clinical solutions segment offers early- to late-stage clinical trial support that ranges from specialized staffing models to strategic partnerships that oversee nearly all aspects of a drug program, while the company's commercialization solutions includes outsourced sales, consulting, public relations, and advertising services.
My Portfolios
Create New Portfolio
Portfolio Contest
My Gurus
Personalize
Premium Gurus 
0.1(0.14%) Volume: 171,177 12:39PM EDT
Email Alerts
Stock PDF
RSS
Website
Filings
Download
Manual of Stocks™ Web APP
NAS:SYNH has been successfully added to your 
