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Ambarella (FRA:A8B) 6-1 Month Momentum % : 9.55% (As of Dec. 13, 2024)


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What is Ambarella 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), Ambarella's 6-1 Month Momentum % is 9.55%.

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

FRA:A8B's 6-1 Month Momentum % is ranked better than
67.44% of 992 companies
in the Semiconductors industry
Industry Median: -13.215 vs FRA:A8B: 9.55

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

For the Semiconductor Equipment & Materials subindustry, Ambarella'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.


Ambarella's 6-1 Month Momentum % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Ambarella's 6-1 Month Momentum % distribution charts can be found below:

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



Ambarella  (FRA:A8B) 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.


Ambarella  (FRA:A8B) 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.


Ambarella 6-1 Month Momentum % Related Terms

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Ambarella Business Description

Traded in Other Exchanges
Address
3101 Jay Street, Santa Clara, CA, USA, 95054
Ambarella Inc is a developer of semiconductor processing solutions for high-definition video capture, sharing, and display. The firm's solutions are sold to original design manufacturers and original equipment manufacturers to be designed for use in infrastructure broadcast encoders, wearable device cameras, automotive cameras, and security cameras. Ambarella's system-on-a-chip designs, based on its proprietary technology platform, are highly configurable to applications in various end markets. Geographical presence in Taiwan, Asia Pacific, Europe, North America, and the United States. The firm derives the majority of its revenue from Taiwan.

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