Decisive Dividend (TSXV:DE) 6-1 Month Momentum %

: 45.61% (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), Decisive Dividend's 6-1 Month Momentum % is 45.61%.

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

TSXV:DE's 6-1 Month Momentum % is ranked better than
88.91% of 577 companies
in the Conglomerates industry
Industry Median: 6 vs TSXV:DE: 45.61

Competitive Comparison

For the Conglomerates subindustry, Decisive Dividend'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.

Decisive Dividend 6-1 Month Momentum % Distribution

For the Conglomerates industry and Industrials sector, Decisive Dividend's 6-1 Month Momentum % distribution charts can be found below:

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

Decisive Dividend (TSXV:DE) 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.

Decisive Dividend (TSXV:DE) 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.

Decisive Dividend 6-1 Month Momentum % Related Terms

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Decisive Dividend (TSXV:DE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Decisive Dividend Corp (TSXV:DE) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

DEDVF:USA PC9:Germany

Address

No. 260 - 1855 Kirschner Road, Kelown, BC, CAN, V1Y 4N7

Website

https://www.decisivedividend.com

Decisive Dividend Corp is an acquisition-oriented company, focused on opportunities in manufacturing. The corporation's purpose is to be the sought-out choice for exiting legacy-minded business owners while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. It uses a disciplined acquisition strategy to identify already profitable, well-established, high-quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential and established strong leadership.