Azul (AZUL) 6-1 Month Momentum % : -46.98% (As of Dec. 13, 2024)

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What is Azul 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 (2024-12-13), Azul's 6-1 Month Momentum % is -46.98%.

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

AZUL's 6-1 Month Momentum % is ranked worse than
97.8% of 1046 companies
in the Transportation industry
Industry Median: -0.99 vs AZUL: -46.98

Competitive Comparison of Azul's 6-1 Month Momentum %

For the Airlines subindustry, Azul'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.

Azul's 6-1 Month Momentum % Distribution in the Transportation Industry

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

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

Azul (NYSE:AZUL) 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.

Azul (NYSE:AZUL) 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.

Azul 6-1 Month Momentum % Related Terms

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Azul Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Azul SA (NYSE:AZUL) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

8AZA:Germany AZUL4:Brazil

Address

Marcos Penteado de Ulhoa Rodrigues, 939, Edificio Jatoba, 8th Floor, Castelo Branco Office Park, Tambore, Barueri, Sao Paulo, SP, BRA, 06460-040

Website

https://www.ri.voeazul.com.br

Azul SA is involved in the operation of regular and non-regular airline passenger services, cargo or mail, passenger charter, provision of maintenance and hangarage services for aircraft, engines, parts and pieces, aircraft acquisition and lease, development of frequent-flyer programs, development of related activities and equity holding in other companies. The Company considers that it has a single reportable segment which is air transport.