6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-27), Applied Energetics's 6-1 Month Momentum % is -14.68%.
The industry rank for Applied Energetics's 6-1 Month Momentum % or its related term are showing as below:
AERG's 6-1 Month Momentum % is ranked worse than 79.55% of 308
companies
in the Aerospace & Defense industry
Industry Median: 7.34
vs AERG: -14.68
Competitive Comparison of Applied Energetics's 6-1 Month Momentum %
For the Aerospace & Defense subindustry, Applied Energetics'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.
Applied Energetics's 6-1 Month Momentum % Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Applied Energetics's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Applied Energetics'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.
Applied Energetics 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Applied Energetics's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Applied Energetics (Applied Energetics) Business Description
Applied Energetics Inc specializes in the development and manufacture of high-performance lasers, high-voltage electronics, optical systems, and integrated guided energy systems for prospective defense, national security, industrial, and scientific customers. The company pioneered and holds all crucial intellectual property rights to the development and use of Laser Guided Energy technology and related solutions for commercial, defense, and security applications, and is protected by patents and additional Government Sensitive Patent Applications GSPA. The company's GSPAs are held under the secrecy orders of the United States government and allows it greatly extended protection rights.
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