News (STU:NC0E) 6-1 Month Momentum %

: 9.35% (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 (2024-04-19), News's 6-1 Month Momentum % is 9.35%.

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

STU:NC0E's 6-1 Month Momentum % is ranked better than
81.17% of 1057 companies
in the Media - Diversified industry
Industry Median: 1.22 vs STU:NC0E: 9.35

Competitive Comparison

For the Entertainment subindustry, News'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.

News 6-1 Month Momentum % Distribution

For the Media - Diversified industry and Communication Services sector, News's 6-1 Month Momentum % distribution charts can be found below:

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

News (STU:NC0E) 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.

News (STU:NC0E) 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.

News 6-1 Month Momentum % Related Terms

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News (STU:NC0E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » News Corp (STU:NC0E) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

NWSA:USA NWS:USA NC0B:Germany NWSLV:Australia NWS:Australia

Address

1211 Avenue of the Americas, New York, NY, USA, 10036

Website

https://www.newscorp.com

News Corporation is a diversified media conglomerate with significant presence in the U.S, the U.K., and Australia. Key mastheads include The Wall Street Journal, Herald Sun, and The Times. The company also has a strong presence in the Australian pay-TV market through Fox Sports and Foxtel (both 65%-owned), while its 61%-owned REA Group is the dominant real estate classified business in Australia. In addition, it owns HarperCollins, one of the largest book publishers in the world, and also has a substantial digital property advertising business (Move) in the U.S.

News (STU:NC0E) Headlines

No Headlines