State Street (State Street) 6-1 Month Momentum % : 17.15% (As of Apr. 25, 2024)

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What is State Street 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 (2024-04-25), State Street's 6-1 Month Momentum % is 17.15%.

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

STT's 6-1 Month Momentum % is ranked better than
66.36% of 1751 companies
in the Asset Management industry
Industry Median: 10.46 vs STT: 17.15

Competitive Comparison of State Street's 6-1 Month Momentum %

For the Asset Management subindustry, State Street'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.

State Street's 6-1 Month Momentum % Distribution in the Asset Management Industry

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

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

State Street (NYSE:STT) 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.

State Street (NYSE:STT) 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.

State Street 6-1 Month Momentum % Related Terms

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State Street (State Street) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » State Street Corporation (NYSE:STT) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

STTpG.PFD:USA STTpD.PFD:USA STT:Mexico ZYA:Germany ZYA:Germany ZYA:Germany S1TT34:Brazil STT:Austria

Address

One Lincoln Street, Boston, MA, USA, 02111

Website

https://www.statestreet.com

State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $42 trillion in assets under custody and administration and $4.1 trillion assets under management as of Dec. 31, 2023, State Street operates globally in more than 100 geographic markets and employs more than 46,000 worldwide.

Executives

Louis D Maiuri	officer: Executive Vice President	STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Michael L Richards	officer: EVP and Chief Admin Officer	STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Eric W. Aboaf	officer: Executive Vice President	CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Ian Appleyard	officer: EVP, CAO and Global Controller	STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Yie-hsin Hung	officer: EVP; President and CEO of SSGA	30 HUDSON STREET, JERSEY CITY NJ 07302
Donna Demaio	director	175 WATER STREET, NEW YORK NY 10038
Francisco Aristeguieta	officer: EVP; CEO State Street Int'l	388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
Andrew Erickson	officer: Executive Vice President	STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Cyrus Taraporevala	officer: EVP; President and CEO of SSGA	STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Saint-aignan Patrick De	director	27 RICHMOND ROAD, PEMBROKE D0 HM08
W. Bradford Hu	officer: Executive Vice President	388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
David C Phelan	officer: EVP and General Counsel	STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Julio A Portalatin	director	C/O MARSH & MCLENNAN COMPANIES, INC., 1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John B Rhea	director	C/O INVITATION HOMES INC., 1717 MAIN STREET, SUITE 2000, DALLAS TX 75201
Andrew P Kuritzkes	officer: EVP and Chief Risk Officer	STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111