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), ZELTIQ Aesthetics's 6-1 Month Momentum % is 67.66%.
The industry rank for ZELTIQ Aesthetics's 6-1 Month Momentum % or its related term are showing as below:
ZLTQ's 6-1 Month Momentum % is not ranked
in the Medical Devices & Instruments industry.
Industry Median: -3.2
vs ZLTQ: 67.66
Competitive Comparison of ZELTIQ Aesthetics's 6-1 Month Momentum %
For the Medical Devices subindustry, ZELTIQ Aesthetics'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.
ZELTIQ Aesthetics's 6-1 Month Momentum % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, ZELTIQ Aesthetics's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where ZELTIQ Aesthetics's 6-1 Month Momentum % falls into.
* 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.
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.
ZELTIQ Aesthetics 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of ZELTIQ Aesthetics's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
ZELTIQ Aesthetics (ZELTIQ Aesthetics) Business Description
ZELTIQ Aesthetics Inc was incorporated in Delaware in March 2005 as Juniper Medical, Inc. In July 2007, it changed its name to ZELTIQ Aesthetics, Inc. ZELTIQ Aesthetics, Inc. is a medical technology company focused on developing and commercializing products utilizing its proprietary controlled cooling technology platform. Its first commercial product, the CoolSculpting system, is designed to selectively reduce stubborn fat bulges. CoolSculpting is based on the scientific principle that fat cells are more sensitive to cold than the overlying skin and surrounding tissues.
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