IperionX (ASX:IPX) 6-1 Month Momentum % : 65.63% (As of Jun. 11, 2024)

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What is IperionX 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 (2024-06-11), IperionX's 6-1 Month Momentum % is 65.63%.

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

ASX:IPX's 6-1 Month Momentum % is ranked better than
89.08% of 2564 companies
in the Metals & Mining industry
Industry Median: -3.67 vs ASX:IPX: 65.63

Competitive Comparison of IperionX's 6-1 Month Momentum %

For the Other Industrial Metals & Mining subindustry, IperionX'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.

IperionX's 6-1 Month Momentum % Distribution in the Metals & Mining Industry

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

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

IperionX (ASX:IPX) 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.

IperionX (ASX:IPX) 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.

IperionX 6-1 Month Momentum % Related Terms

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IperionX (ASX:IPX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » IperionX Ltd (ASX:IPX) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

IPX:USA TAOFF:USA 30Z0:Germany 30Z:Germany 30Z:Germany

Address

129 West Trade Street, Suite 1405, Charlotte, NC, USA, 28202

Website

https://www.iperionx.com

IperionX Ltd is a developer of low-carbon, sustainable, critical material supply chains focused on advanced industries including space, aerospace, electric vehicles, and 3D printing. The company's breakthrough titanium technologies have demonstrated the potential to produce titanium products that are sustainable, 100% recyclable, and have low carbon intensity. IperionX is producing titanium metal powders from titanium scrap at its operational pilot facility in Utah, It also holds a 100% interest in the Titan Project, covering over 11,000 acres of critical minerals that include titanium, rare earth elements, silica sand, and zircon in Tennessee, United States.