GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Full Circle Lithium Corp (OTCPK:FCLIF) » Definitions » 6-1 Month Momentum %

FCLIF (Full Circle Lithium) 6-1 Month Momentum % : 15.07% (As of Dec. 11, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Full Circle Lithium 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 (2024-12-11), Full Circle Lithium's 6-1 Month Momentum % is 15.07%.

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

FCLIF's 6-1 Month Momentum % is ranked better than
87.28% of 2548 companies
in the Metals & Mining industry
Industry Median: -11.11 vs FCLIF: 15.07

Competitive Comparison of Full Circle Lithium's 6-1 Month Momentum %

For the Other Industrial Metals & Mining subindustry, Full Circle Lithium'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.


Full Circle Lithium's 6-1 Month Momentum % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Full Circle Lithium's 6-1 Month Momentum % distribution charts can be found below:

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



Full Circle Lithium  (OTCPK:FCLIF) 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.


Full Circle Lithium  (OTCPK:FCLIF) 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.


Full Circle Lithium 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Full Circle Lithium's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Full Circle Lithium Business Description

Traded in Other Exchanges
Address
18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4
Full Circle Lithium Corp is a lithium processor focused on lithium and battery materials reintegration to meet the demand for crucial battery-grade raw materials, utilizing proprietary technology and know-how. Full Circle is focused on three complementary battery material processing divisions: battery recycling from end-of-life lithium-ion batteries, lithium feedstock recycling from industrial and chemical feedstock, and lithium refinery from upstream feedstock.