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Athens International Airport (ATH:AIA) 6-1 Month Momentum % : -4.24% (As of Dec. 12, 2024)


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What is Athens International Airport 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 (2024-12-12), Athens International Airport's 6-1 Month Momentum % is -4.24%.

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

ATH:AIA's 6-1 Month Momentum % is ranked worse than
61.28% of 1046 companies
in the Transportation industry
Industry Median: 0.485 vs ATH:AIA: -4.24

Competitive Comparison of Athens International Airport's 6-1 Month Momentum %

For the Airports & Air Services subindustry, Athens International Airport'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.

Athens International Airport's 6-1 Month Momentum % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Athens International Airport's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Athens International Airport's 6-1 Month Momentum % falls into.


Athens International Airport  (ATH:AIA) 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.

Athens International Airport  (ATH:AIA) 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.

Athens International Airport 6-1 Month Momentum % Related Terms

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Athens International Airport Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Athens International Airport SA (ATH:AIA) » Definitions » 6-1 Month Momentum %
Comparable Companies
Traded in Other Exchanges
9O1:Germany
Address
Athens International Airport, El. Venizelos SA, SPATA, Attica, Athens, GRC, 19019
Website
https://www.aia.gr
Athens International Airport SA is a company active in the financing, construction, and operation of civil airports and related activities. As a civil airport operator, the company manages the Athens International Airport in Spata, Greece. The company's operating segments are; Air activities and Non-air activities. The maximum revenue is generated from its Air activities segment which includes the provision at the Airport of any facilities like the landing, parking, or taking-off of aircraft; the servicing of aircraft; and the handling of passengers among others. The Non air activities segment represents revenues from non-air activities mainly consisting of car parking, food and beverage, duty-free, retail shops building/office rental, and other commercial services.