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Boston Pizza Royaltiesome Fund (Boston Pizza Royaltiesome Fund) 6-1 Month Momentum % : 10.00% (As of Apr. 26, 2024)


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What is Boston Pizza Royaltiesome Fund 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), Boston Pizza Royaltiesome Fund's 6-1 Month Momentum % is 10.00%.

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

BPZZF's 6-1 Month Momentum % is ranked better than
60.17% of 349 companies
in the Restaurants industry
Industry Median: 2.78 vs BPZZF: 10.00

Competitive Comparison of Boston Pizza Royaltiesome Fund's 6-1 Month Momentum %

For the Restaurants subindustry, Boston Pizza Royaltiesome Fund'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.


Boston Pizza Royaltiesome Fund's 6-1 Month Momentum % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Boston Pizza Royaltiesome Fund's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Boston Pizza Royaltiesome Fund's 6-1 Month Momentum % falls into.



Boston Pizza Royaltiesome Fund  (OTCPK:BPZZF) 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.


Boston Pizza Royaltiesome Fund  (OTCPK:BPZZF) 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.


Boston Pizza Royaltiesome Fund 6-1 Month Momentum % Related Terms

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Boston Pizza Royaltiesome Fund (Boston Pizza Royaltiesome Fund) Business Description

Traded in Other Exchanges
Address
13571 Commerce Parkway, Suite 201, Richmond, BC, CAN, V6V 2R2
Boston Pizza Royalties Income Fund is a limited-purpose open-ended trust. It is engaged in the operation and franchising of Boston Pizza restaurants in Canada. The Trust distributes all available cash from operations to the Trust unitholders to the maximum extent possible. The company receives revenue in the form of royalty income.

Boston Pizza Royaltiesome Fund (Boston Pizza Royaltiesome Fund) Headlines