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Autostrade Meridionali (LTS:0DNS) 6-1 Month Momentum % : N/A% (As of Oct. 31, 2024)


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What is Autostrade Meridionali 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 (2024-10-31), Autostrade Meridionali's 6-1 Month Momentum % is N/A%.

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

LTS:0DNS's 6-1 Month Momentum % is not ranked *
in the Construction industry.
Industry Median: -0.11
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Autostrade Meridionali's 6-1 Month Momentum %

For the Engineering & Construction subindustry, Autostrade Meridionali'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.


Autostrade Meridionali's 6-1 Month Momentum % Distribution in the Construction Industry

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

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



Autostrade Meridionali  (LTS:0DNS) 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.


Autostrade Meridionali  (LTS:0DNS) 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.


Autostrade Meridionali 6-1 Month Momentum % Related Terms

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Autostrade Meridionali Business Description

Traded in Other Exchanges
Address
Via Giovanni Porzio, 4, Napoli, NA, ITA, 80143
Autostrade Meridionali is an Italy based company engaged in the maintenance of the A3 Napoli-Salerno motorway. Its activities include the maintenance of flooring, green works, road markings and signs, plants, tracks, and station buildings.

Autostrade Meridionali Headlines

No Headlines