6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-28), Fuel Tech's 6-1 Month Momentum % is 22.45%.
The industry rank for Fuel Tech's 6-1 Month Momentum % or its related term are showing as below:
FTEK's 6-1 Month Momentum % is ranked better than 74.02% of 2991
companies
in the Industrial Products industry
Industry Median: 3.45
vs FTEK: 22.45
Competitive Comparison of Fuel Tech's 6-1 Month Momentum %
For the Pollution & Treatment Controls subindustry, Fuel Tech'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.
Fuel Tech's 6-1 Month Momentum % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Fuel Tech's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Fuel Tech'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.
Fuel Tech 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Fuel Tech's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Fuel Tech Inc is an technology provider of boiler optimization, efficiency improvement, and air pollution reduction to utility and industrial customers. The company operates in two segments, Air Pollution Control and Fuel Chem. The Air Pollution Control technology segment includes technologies to reduce NOx emissions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources. TheFuel Chem technology segment uses chemical processes in combination with advanced Computational Fluid Dynamics and Chemical Kinetics Modeling boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace using TIFI Targeted In-Furnace Injection technology.
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