Quebecor (TSX:QBR.B) 6-1 Month Momentum % : 9.31% (As of Apr. 27, 2024)

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What is Quebecor 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-27), Quebecor's 6-1 Month Momentum % is 9.31%.

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

TSX:QBR.B's 6-1 Month Momentum % is ranked worse than
54.46% of 404 companies
in the Telecommunication Services industry
Industry Median: 5.305 vs TSX:QBR.B: 9.31

Competitive Comparison of Quebecor's 6-1 Month Momentum %

For the Telecom Services subindustry, Quebecor'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.

Quebecor's 6-1 Month Momentum % Distribution in the Telecommunication Services Industry

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

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

Quebecor (TSX:QBR.B) 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.

Quebecor (TSX:QBR.B) 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.

Quebecor 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Quebecor's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

Quebecor (TSX:QBR.B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Quebecor Inc (TSX:QBR.B) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

QBCRF:USA QBCAF:USA QBR.A:Canada

Address

612, rue Saint-Jacques, Corporate secretariat, 18th floor, Montreal, QC, CAN, H3C 4M8

Website

https://www.quebecor.com

Quebecor primarily provides telecom services in Quebec, where it has roughly 1.7 million internet subscribers—equating to a penetration rate of about 50% in its footprint—and over 3 million mobile subscribers, including more than 20% wireless market share in Quebec. With the acquisition of Freedom Mobile in April 2023, Quebecor also has more than 1.5 million mobile subscribers in Ontario, British Columbia, and Alberta. Quebecor also offers a French-language subscription video on demand service and has a media segment that owns and operates television stations, publishes newspapers and magazines, and produces and distributes films and television shows. A very small portion of Quebecor's business engages in live event production and promotion and has ownership of live-event venues.

Quebecor (TSX:QBR.B) Headlines

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