Victory Square Technologies (Victory Square Technologies) 6-1 Month Momentum % : 10.85% (As of Apr. 27, 2024)

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What is Victory Square Technologies 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), Victory Square Technologies's 6-1 Month Momentum % is 10.85%.

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

VSQTF's 6-1 Month Momentum % is not ranked
in the Asset Management industry.
Industry Median: 11.415 vs VSQTF: 10.85

Competitive Comparison of Victory Square Technologies's 6-1 Month Momentum %

For the Asset Management subindustry, Victory Square Technologies'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.

Victory Square Technologies's 6-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Victory Square Technologies's 6-1 Month Momentum % distribution charts can be found below:

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

Victory Square Technologies (OTCPK:VSQTF) 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.

Victory Square Technologies (OTCPK:VSQTF) 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.

Victory Square Technologies 6-1 Month Momentum % Related Terms

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Victory Square Technologies (Victory Square Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Victory Square Technologies Inc (OTCPK:VSQTF) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

6F6:Germany VST:Canada

Address

750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7

Website

https://www.victorysquare.com

Victory Square Technologies Inc is focused on investing in disruptive innovation builds, acquires, and invests in startups, then provides the senior leadership and resources needed for fast-track growth. Victory Square provides investors with a liquid way to invest in early-stage technology and healthcare companies without buying a venture fund that requires accredited investor status or multi-year commitments. The firm's corporate portfolio consists of companies using Artificial intelligence (AI), Virtual reality (VR), Augmented reality (AR), and blockchain to disrupt sectors as diverse as fintech, insurance, health, and gaming.