Thomson Reuters (TSX:TRI) 6-1 Month Momentum %

: 23.58% (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), Thomson Reuters's 6-1 Month Momentum % is 23.58%.

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

TSX:TRI's 6-1 Month Momentum % is ranked better than
80.65% of 1085 companies
in the Business Services industry
Industry Median: 2.83 vs TSX:TRI: 23.58

Competitive Comparison

For the Specialty Business Services subindustry, Thomson Reuters'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.

Thomson Reuters 6-1 Month Momentum % Distribution

For the Business Services industry and Industrials sector, Thomson Reuters's 6-1 Month Momentum % distribution charts can be found below:

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

Thomson Reuters (TSX:TRI) 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.

Thomson Reuters (TSX:TRI) 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.

Thomson Reuters 6-1 Month Momentum % Related Terms

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Thomson Reuters (TSX:TRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Thomson Reuters Corp (TSX:TRI) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

TRI:USA TOC:Germany TRI.PR.B.PFD:Canada

Address

333 Bay Street, Suite 300, Toronto, ON, CAN, M5H 2R2

Website

https://www.thomsonreuters.com

Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008. In 2021, Thomson Reuters completed the sale of Refinitiv to LSE Group. Thomson Reuters' three largest segments are its legal professionals, Tax and accounting, and corporates segments. Legal professionals is about 42% of the firm's revenue and 47% of the firm's adjusted EBITDA. Tax and accounting makes up about 20%-25% of the firm's revenue and EBITDA. Corporates, which consists of legal professionals and tax and accounting products sold to corporations, also makes up about 20%-25% of the firm's revenue and EBITDA. Thomson Reuters' smaller segments include its Reuters news business and global print business.