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), Power Integrations's 6-1 Month Momentum % is -0.62%.
The industry rank for Power Integrations's 6-1 Month Momentum % or its related term are showing as below:
POWI's 6-1 Month Momentum % is ranked worse than 57.51% of 972
companies
in the Semiconductors industry
Industry Median: 5.91
vs POWI: -0.62
Competitive Comparison of Power Integrations's 6-1 Month Momentum %
For the Semiconductors subindustry, Power Integrations'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.
Power Integrations's 6-1 Month Momentum % Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Power Integrations's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Power Integrations's 6-1 Month Momentum % falls into.
Power Integrations (NAS:POWI) 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.
Power Integrations (NAS:POWI) 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.
Power Integrations 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Power Integrations's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Power Integrations (Power Integrations) Business Description
Power Integrations Inc design, develop and market analog and mixed-signal integrated circuits (ICs) and other electronic components and circuitry used in high-voltage power conversion. Products are used in power converters that convert electricity from a high-voltage source to the type of power required for a specified downstream use. Products are used in electronic products including mobile phones, computing and networking equipment, appliances, electronic utility meters, battery-powered tools, industrial controls, and home-automation, or internet of things applications such as networked thermostats, power strips and security devices. Geographically, revenue is generated in China and Hong Kong.
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