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), CPI Card Group's 6-1 Month Momentum % is -6.79%.
The industry rank for CPI Card Group's 6-1 Month Momentum % or its related term are showing as below:
PMTS's 6-1 Month Momentum % is ranked worse than 74.64% of 556
companies
in the Credit Services industry
Industry Median: 9.965
vs PMTS: -6.79
Competitive Comparison of CPI Card Group's 6-1 Month Momentum %
For the Credit Services subindustry, CPI Card Group'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.
CPI Card Group's 6-1 Month Momentum % Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, CPI Card Group's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where CPI Card Group's 6-1 Month Momentum % falls into.
CPI Card Group (NAS:PMTS) 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.
CPI Card Group (NAS:PMTS) 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.
CPI Card Group 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of CPI Card Group's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
CPI Card Group (CPI Card Group) Business Description
CPI Card Group Inc is a payment technology company engaged in providing financial payment card solutions and services. It offers credit, debit and prepaid cards. The business segments of the group are Debit and Credit, which produces Financial Payment Cards and provides integrated card services to card-issuing banks in the United States, and Prepaid Debit, which provides integrated card services to Prepaid Debit Card program managers in the United States and Others. It derives key revenue from the Debit and Credit segment.
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