Ultratech (Ultratech) 6-1 Month Momentum % : 30.44% (As of May. 05, 2024)

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What is Ultratech 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), Ultratech's 6-1 Month Momentum % is 30.44%.

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

UTEK's 6-1 Month Momentum % is not ranked
in the Semiconductors industry.
Industry Median: 3.98 vs UTEK: 30.44

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

For the Semiconductor Equipment & Materials subindustry, Ultratech'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.

Ultratech's 6-1 Month Momentum % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Ultratech's 6-1 Month Momentum % distribution charts can be found below:

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

Ultratech (NAS:UTEK) 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.

Ultratech (NAS:UTEK) 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.

Ultratech 6-1 Month Momentum % Related Terms

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Ultratech (Ultratech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ultratech Inc (NAS:UTEK) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.ultratech.com

Ultratech is a United States-based company that is principally engaged in developing, manufacturing, and selling capital equipment for manufacturers of integrated circuits and nanotechnology components. The company offers two series of 1X lithography systems that are used in semiconductor fabrication. The company generates most of its revenue from system sales, including semiconductor system sales and nanotechnology system sales, with the rest from spare-parts sales, services, and licensing of technologies. The company sells its products worldwide, including the United States, Europe, Taiwan, Korea, Japan, and elsewhere, with overseas markets (especially in Asia) contributing the majority of total revenue.

Executives

Henri P Richard	director	FREESCALE SEMICONDUCTOR, INC., 2680 ZANKER RD, SUITE 200, SAN JOSE CA 95134
Dennis R Raney	director	C/O EASYLINK SERVICES CORPORATION, 33 KNIGHTSBRIDGE ROAD, PISCATAWAY NJ 08854
Ronald D Black	director	1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
Beatriz V Infante	director	4 TECHNOLOGY PARK DRIVE, SONUS NETWORKS, INC., WESTFORD MA 01886
Carlson Capital L P	10 percent owner	2100 MCKINNEY AVE, STE 1900, DALLAS TX 75201
Michael C Child	director	125 HIGH ST STE 2500, BOSTON MA 02110
Joel F Gemunder	director
Bin-ming Ben Tsai	director	160 RIO ROBLES, SAN JOSE CA 95134
Thomas Dale George	director	C/O ULTRATECH, 3050 ZANKER ROAD, SAN JOSE CA 95134
Kenneth Levy	director