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PGGCY (Piaggio & C. SpA) 6-1 Month Momentum % : N/A% (As of Oct. 31, 2024)


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What is Piaggio & C. SpA 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), Piaggio & C. SpA's 6-1 Month Momentum % is N/A%.

The industry rank for Piaggio & C. SpA's 6-1 Month Momentum % or its related term are showing as below:

PGGCY's 6-1 Month Momentum % is not ranked *
in the Vehicles & Parts industry.
Industry Median: -2.86
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Piaggio & C. SpA's 6-1 Month Momentum %

For the Auto Manufacturers subindustry, Piaggio & C. SpA'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.


Piaggio & C. SpA's 6-1 Month Momentum % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Piaggio & C. SpA's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Piaggio & C. SpA's 6-1 Month Momentum % falls into.



Piaggio & C. SpA  (OTCPK:PGGCY) 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.


Piaggio & C. SpA  (OTCPK:PGGCY) 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.


Piaggio & C. SpA 6-1 Month Momentum % Related Terms

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Piaggio & C. SpA Business Description

Traded in Other Exchanges
Address
Viale Rinaldo Piaggio, 25, Pontedera, Pisa, ITA, 56025
Piaggio & C. SpA is an Italian manufacturer of motor vehicles with international operations. The product portfolio consists of scooters, mopeds, and motorcycles marketed under the Aprilia, Piaggio, Vespa, Moto Guzzi, Gilera, Derbi, and Scarabeo brands, as well as three- and four-wheeler light vehicles, marketed under the Ape, and Porter brands. Piaggio's sales are mainly in Europe, the Middle East, Africa; the Americas; and India, but are also in the Asia-Pacific region. The firm's manufacturing units are located in Italy, India, and Vietnam.

Piaggio & C. SpA Headlines

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