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Tudor Gold (TSXV:TUD) 6-1 Month Momentum %

: 2.30% (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 (2024-04-16), Tudor Gold's 6-1 Month Momentum % is 2.30%.

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

TSXV:TUD's 6-1 Month Momentum % is ranked better than
63.15% of 2532 companies
in the Metals & Mining industry
Industry Median: -11.11 vs TSXV:TUD: 2.30

Competitive Comparison

For the Gold subindustry, Tudor Gold'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.


Tudor Gold 6-1 Month Momentum % Distribution

For the Metals & Mining industry and Basic Materials sector, Tudor Gold's 6-1 Month Momentum % distribution charts can be found below:

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



Tudor Gold  (TSXV:TUD) 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.


Tudor Gold  (TSXV:TUD) 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.


Tudor Gold 6-1 Month Momentum % Related Terms

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Tudor Gold (TSXV:TUD) Business Description

Traded in Other Exchanges
Address
999 West Hastings Street, Suite 789, Vancouver, BC, CAN, V6C 2W2
Tudor Gold Corp is a precious and base metals explorer with properties in British Columbia’s Golden Triangle, an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913 hectares Treaty Creek project (in which Tudor Gold has a 60% interest) borders Seabridge Gold Inc.’s KSM property to the southwest and borders Pretium Resources Inc.’s Brucejack property to the southeast. The Company also has a 60% interest in the Electrum Project, earn in options and 100% interests in other prospective projects located in the Golden Triangle area.

Tudor Gold (TSXV:TUD) Headlines

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