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Global Dividend Growth Split (TSX:GDV.PR.A.PFD) 6-1 Month Momentum %

: 5.35% (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 (2024-04-23), Global Dividend Growth Split's 6-1 Month Momentum % is 5.35%.

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

TSX:GDV.PR.A.PFD's 6-1 Month Momentum % is ranked better than
82.03% of 1753 companies
in the Asset Management industry
Industry Median: 9.92 vs TSX:GDV.PR.A.PFD: 5.35

Competitive Comparison

For the Asset Management subindustry, Global Dividend Growth 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.


Global Dividend Growth Split 6-1 Month Momentum % Distribution

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

* The bar in red indicates where Global Dividend Growth Split's 6-1 Month Momentum % falls into.



Global Dividend Growth Split  (TSX:GDV.PR.A.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.


Global Dividend Growth Split  (TSX:GDV.PR.A.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.


Global Dividend Growth Split 6-1 Month Momentum % Related Terms

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Global Dividend Growth Split (TSX:GDV.PR.A.PFD) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Bay Wellington Tower, Suite 2930, Box 793, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Global Dividend Growth Split Corp is a closed-end investment fund. It invests in a diversified portfolio of equity securities of large-capitalization global dividend growth companies. Its objectives are to provide holders with monthly non-cumulative cash distributions and to provide holders with the opportunity for capital appreciation through exposure to the portfolio.

Global Dividend Growth Split (TSX:GDV.PR.A.PFD) Headlines

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