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Siemens AG (BSE:SIE) 6-1 Month Momentum % : 5.56% (As of Dec. 15, 2024)


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What is Siemens AG 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 (2024-12-15), Siemens AG's 6-1 Month Momentum % is 5.56%.

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

BSE:SIE's 6-1 Month Momentum % is ranked better than
50.78% of 3031 companies
in the Industrial Products industry
Industry Median: 2.72 vs BSE:SIE: 5.56

Competitive Comparison of Siemens AG's 6-1 Month Momentum %

For the Specialty Industrial Machinery subindustry, Siemens AG'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.


Siemens AG's 6-1 Month Momentum % Distribution in the Industrial Products Industry

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

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



Siemens AG  (BSE:SIE) 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.


Siemens AG  (BSE:SIE) 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.


Siemens AG 6-1 Month Momentum % Related Terms

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Siemens AG Business Description

Address
Werner-von-Siemens-Strabe 1, Munich, BY, DEU, 80333
Siemens is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 75% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.

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