Secure Energy Services (TSX:SES) 6-1 Month Momentum %

: 54.78% (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 (2024-04-18), Secure Energy Services's 6-1 Month Momentum % is 54.78%.

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

TSX:SES's 6-1 Month Momentum % is ranked better than
95.26% of 253 companies
in the Waste Management industry
Industry Median: -2.07 vs TSX:SES: 54.78

Competitive Comparison

For the Waste Management subindustry, Secure Energy Services'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.

Secure Energy Services 6-1 Month Momentum % Distribution

For the Waste Management industry and Industrials sector, Secure Energy Services's 6-1 Month Momentum % distribution charts can be found below:

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

Secure Energy Services (TSX:SES) 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.

Secure Energy Services (TSX:SES) 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.

Secure Energy Services 6-1 Month Momentum % Related Terms

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Secure Energy Services (TSX:SES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Secure Energy Services Inc (TSX:SES) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

SECYF:USA SEP:Germany

Address

2300, 225 - 6th Avenue SW, Calgary, AB, CAN, T2P 1N2

Website

https://www.secure-energy.com

Secure Energy Services Inc provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental and Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma. These facilities provide processing, storing, shipping, and marketing of crude oil; the processing of waste; and water treatment and disposal. The Environmental and Fluid Management segment includes a network of landfill disposal facilities; onsite abandonment, remediation, and reclamation management; a suite of comprehensive environmental management solutions. The company's geographical segments are Canada and the United States.