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Sage Group (The) (Sage Group (The)) 6-1 Month Momentum %

: 27.95% (As of Today)
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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-16), Sage Group (The)'s 6-1 Month Momentum % is 27.95%.

The industry rank for Sage Group (The)'s 6-1 Month Momentum % or its related term are showing as below:

SGPYY's 6-1 Month Momentum % is ranked better than
70.62% of 2798 companies
in the Software industry
Industry Median: 1.235 vs SGPYY: 27.95
Competitive Comparison

For the Software - Application subindustry, Sage Group (The)'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.

Sage Group (The) 6-1 Month Momentum % Distribution

For the Software industry and Technology sector, Sage Group (The)'s 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Sage Group (The)'s 6-1 Month Momentum % falls into.


Sage Group (The)  (OTCPK:SGPYY) 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.

Sage Group (The)  (OTCPK:SGPYY) 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.

Sage Group (The) 6-1 Month Momentum % Related Terms

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Sage Group (The) (Sage Group (The)) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Sage Group (The) PLC (OTCPK:SGPYY) » Definitions » 6-1 Month Momentum %
Comparable Companies
LSE:KNOS LSE:TRST LSE:ATG LSE:GBG LSE:LTG LSE:ALFA LSE:CER LSE:BIG LSE:NCC LSE:IDOX CRM XTER:SAP INTU UBER NOW SHOP CDNS WDAY ROP XPAR:DSY
Traded in Other Exchanges
SGGEF:USA SGEl:UK SGE:UK SGK1:Germany
Address
C23 - 5 & 6 Cobalt Park Way, Cobalt Park, Newcastle upon Tyne, GBR, NE28 9EJ
Website
https://www.sage.com
The Sage Group is a U.K.-based provider of accounting and enterprise resource planning, or ERP, software, predominantly to customers in the U.S. and Europe. The company was founded in 1981 and historically sold on-premises software products with perpetual software licenses. However, the company is transitioning toward cloud connected and cloud native products, sold via software-as-a-service, or SaaS, contracts. Sage's main cloud native products include Sage Accounting, for small businesses, and Sage Intacct, which Sage acquired in 2017, for midsize businesses.