Financiere de Tubize (XBRU:TUB) 6-1 Month Momentum %

: 24.57% (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 (2024-04-19), Financiere de Tubize's 6-1 Month Momentum % is 24.57%.

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

XBRU:TUB's 6-1 Month Momentum % is ranked better than
70.51% of 1519 companies
in the Biotechnology industry
Industry Median: -1.21 vs XBRU:TUB: 24.57

Competitive Comparison

For the Biotechnology subindustry, Financiere de Tubize'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.

Financiere de Tubize 6-1 Month Momentum % Distribution

For the Biotechnology industry and Healthcare sector, Financiere de Tubize's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Financiere de Tubize's 6-1 Month Momentum % falls into.

Financiere de Tubize (XBRU:TUB) 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.

Financiere de Tubize (XBRU:TUB) 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.

Financiere de Tubize 6-1 Month Momentum % Related Terms

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Financiere de Tubize (XBRU:TUB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Financiere de Tubize SA (XBRU:TUB) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

FTD:Germany

Address

Allée de la Recherche, 60, Brussels, BEL, 1070

Website

https://www.financiere-tubize.be

Financiere de Tubize SA is a holding company that owns a stake in UCB, a biopharmaceutical company. UCB is a global biotechnology company that develops treatments for conditions related to neurology and immunology. UCB generates the vast majority of its revenue in the United States, followed by Europe and other international markets. Most of its sales revenue is derived from its neurology products, followed by its immunology products. The company's strategy focuses on leveraging scientific advances and skills in areas such as genetics, biomarkers, and human biology.

Financiere de Tubize (XBRU:TUB) Headlines

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