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Twin Disc (Twin Disc) 6-1 Month Momentum % : 23.71% (As of Apr. 27, 2024)


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What is Twin Disc 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 (2024-04-27), Twin Disc's 6-1 Month Momentum % is 23.71%.

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

TWIN's 6-1 Month Momentum % is ranked better than
77.08% of 2980 companies
in the Industrial Products industry
Industry Median: 3.54 vs TWIN: 23.71

Competitive Comparison of Twin Disc's 6-1 Month Momentum %

For the Specialty Industrial Machinery subindustry, Twin Disc'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.


Twin Disc's 6-1 Month Momentum % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Twin Disc's 6-1 Month Momentum % distribution charts can be found below:

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



Twin Disc  (NAS:TWIN) 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.


Twin Disc  (NAS:TWIN) 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.


Twin Disc 6-1 Month Momentum % Related Terms

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Twin Disc (Twin Disc) Business Description

Traded in Other Exchanges
Address
222 East Erie Street, Suite 400, Milwaukee, WI, USA, 53202
Twin Disc Inc is a United States-based firm engaged in the manufacture and sale of marine and heavy-duty off-highway power transmission equipment. The company operates its business through two reportable segments: Manufacturing and Distribution. Its products portfolio includes marine transmissions, surface drives, propellers, and boat management systems as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and control systems.
Executives
Kevin M. Olsen director C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Juliann Larimer director C/O ZEBRA TECHNOLOGIES CORPORATION, 333 CORPORATE WOODS PARKWAY, VERNON HILLS IL 60061
Michael Doar director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
David B Rayburn director
Malcolm F Moore director 143 WATER STREET, 143 WATER STREET, WEST BEND WI 53095
Christopher Daniel Bridleman officer: VP Global Operations 1328 RACINE STREET, RACINE WI 53403
Denise Wilcox officer: VP-HUMAN RESOURCES 1328 RACINE STREET, RACINE WI 53403
Jeffrey Scott Knutson officer: Corporate Controller 1328 RACINE STREET, RACINE WI 53403
John H Batten officer: VP-GM - Marine 1328 RACINE ST., RACINE WI 53403
David R Zimmer director 1255 INDIAN MOUND WEST, BLOOMFIELD MI 48301
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc. 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Janet Plaut Giesselman director 25435 HARVARD RD., BEACHWOOD OH 44122