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Big 8 Split (TSX:BIG.PR.D.PFD) 6-1 Month Momentum %

: 0.30% (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 (2024-04-20), Big 8 Split's 6-1 Month Momentum % is 0.30%.

The industry rank for Big 8 Split's 6-1 Month Momentum % or its related term are showing as below:

TSX:BIG.PR.D.PFD's 6-1 Month Momentum % is not ranked
in the Asset Management industry.
Industry Median: 7.97 vs TSX:BIG.PR.D.PFD: 0.30

Competitive Comparison

For the Asset Management subindustry, Big 8 Split'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.


Big 8 Split 6-1 Month Momentum % Distribution

For the Asset Management industry and Financial Services sector, Big 8 Split's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Big 8 Split's 6-1 Month Momentum % falls into.



Big 8 Split  (TSX:BIG.PR.D.PFD) 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.


Big 8 Split  (TSX:BIG.PR.D.PFD) 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.


Big 8 Split 6-1 Month Momentum % Related Terms

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Big 8 Split (TSX:BIG.PR.D.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Big 8 Split Inc is a Canada based closed-end investment fund company. Its principal business is to invest in private equity, private debt, and public securities. In private equity investment, the company directly invests in real estate. The group also makes direct investments in mortgages and other debt secured by real estate in private debt investments. Public securities investments include investments in public listed companies that own investment-grade real estate. In addition, the company also offers integrated solutions by combining the three investment strategies into one balanced vehicle for specific investment mandates. Timbercreek Asset Management is the investment fund manager of the company.

Big 8 Split (TSX:BIG.PR.D.PFD) Headlines

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