6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-01), Alto Ingredients's 6-1 Month Momentum % is -47.60%.
The industry rank for Alto Ingredients's 6-1 Month Momentum % or its related term are showing as below:
ALTO's 6-1 Month Momentum % is ranked worse than 98.48% of 1578
companies
in the Chemicals industry
Industry Median: -0.845
vs ALTO: -47.60
Competitive Comparison of Alto Ingredients's 6-1 Month Momentum %
For the Specialty Chemicals subindustry, Alto Ingredients'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.
Alto Ingredients's 6-1 Month Momentum % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Alto Ingredients's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Alto Ingredients'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.
Alto Ingredients 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Alto Ingredients's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Alto Ingredients (Alto Ingredients) Business Description
Alto Ingredients Inc is a producer of specialty alcohols and essential ingredients. The company serves five markets: Health, Home and Beauty, Food and Beverage, Essential Ingredients, and Renewable Fuels. Its customers include major food and beverage companies and consumer products manufacturers and distributors. The company operates under three segments: Marketing and distribution, Pekin Campus production, and Other production. The Marketing and distribution segment participates in marketing and merchant trading for alcohols and essential ingredients; Pekin Campus produces and sells products produced at the company's Pekin, Illinois, campus, and about half of the firm's revenue flows from this segment. Other production makes and sells from the company's other production facilities.
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