Talgo (FRA:XTG) 6-1 Month Momentum % : 17.98% (As of May. 05, 2024)

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What is Talgo 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 (2024-05-05), Talgo's 6-1 Month Momentum % is 17.98%.

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

FRA:XTG's 6-1 Month Momentum % is ranked better than
74.07% of 1053 companies
in the Transportation industry
Industry Median: 3.79 vs FRA:XTG: 17.98

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

For the Railroads subindustry, Talgo'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.

Talgo's 6-1 Month Momentum % Distribution in the Transportation Industry

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

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

Talgo (FRA:XTG) 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.

Talgo (FRA:XTG) 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.

Talgo 6-1 Month Momentum % Related Terms

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Talgo (FRA:XTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Talgo SA (FRA:XTG) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

0R99:UK TLGO:Spain

Address

Paseo del tren Talgo, 2, Las Matas, Madrid, ESP, 28290

Website

https://www.talgo.com

Talgo SA is a Spain-based company engaged in the design and manufacture of rolling stock. It operates in three business segments: Rolling stock, which accounts for the majority of revenue; Auxiliary machines & Others; and General. The Rolling stock segment is responsible for train production, as well as for the maintenance of trains that use the company's technology. The Auxiliary Machines & Others segment provides the manufacture and technical service of lathes, as well as the sale of related spare parts. The company's product range comprises high-speed rolling stock, intercity trains, and locomotives, among others. Talgo's geographical segments are Spain, the Rest of Europe, America, the Middle East & North Africa, the Commonwealth of Independent States, and APAC.

Talgo (FRA:XTG) Headlines

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