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Forterra (Forterra) 6-1 Month Momentum % : 0.51% (As of May. 05, 2024)


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What is Forterra 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 (2024-05-05), Forterra's 6-1 Month Momentum % is 0.51%.

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

FRTA's 6-1 Month Momentum % is not ranked
in the Construction industry.
Industry Median: 6.53 vs FRTA: 0.51

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

For the Building Products & Equipment subindustry, Forterra'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.


Forterra's 6-1 Month Momentum % Distribution in the Construction Industry

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

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



Forterra  (NAS:FRTA) 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.


Forterra  (NAS:FRTA) 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.


Forterra 6-1 Month Momentum % Related Terms

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


Forterra (Forterra) Business Description

Traded in Other Exchanges
N/A
Address
511 East John Carpenter Freeway, 6th Floor, Irving, TX, USA, 75062
Forterra Inc manufactures concrete pipe and precast products. It has applications in construction, maintenance, repair and replacement of water drainage, distribution, and transmission systems. Forterra operates in three segments: Drainage Pipe & Products, Water Pipe & Products, and Corporate & Other. Some of its products include reinforced concrete pipe, pipe end sections, precast junction boxes, precast sanitary manholes, double tees, noise walls, and bridge girders. Geographical segments of the company are the United States, Canada, and Mexico, of which the majority of its revenue comes from the United States.
Executives
John P Grayken 10 percent owner 2711 NORTH HASKELL AVENUE SUITE 1700 DALLAS TX 75204
Jacques Sarrazin director 511 EAST JOHN CARPENTER FREEWAY IRVING TX 75062
Karl Watson director, officer: Chief Executive Officer C/O FORTERRA, INC., 511 E. JOHN CARPENTER FREEWAY, SUITE 600, IRVING TX 75062
Clinton D Mcdonnough director 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Vikrant Bhatia officer: Executive Vice President 511 E. JOHN CARPENTER FREEWAY, SUITE 600, IRVING TX 75062
Charles Rodney Brown officer: EVP & Chief Financial Officer 511 EAST JOHN CARPENTER FREEWAY SUITE 600 IRVING TX 75062
Jeff Bradley director, officer: Chief Executive Officer 4001 PHILADELPHIA PIKE, CLAYMONT DE 19703
Lori M Browne officer: See Remarks 511 EAST JOHN CARPENTER FREEWAY IRVING TX 75062
Allison Navitskas director 511 E JOHN CARPENTER FREEWAY, IRVING TX 75062
Rafael A Colorado director 2741 WALNUT AVENUE SUITE 200 TUSTIN CA 92780
Richard J Hunter officer: Chief Operating Officer 511 E JOHN CARPENTER FREEWAY, SUITE 600, IRVING TX 75062
Chad Lewis director 2741 WALNUT AVENUE SUITE 200 TUSTIN CA 92780
Richard Jr Cammerer director 511 E. JOHN CARPENTER FREEWAY, SUITE 600 IRVING TX 75062
Dominic Lavalle director 2741 WALNUT AVENUE SUITE 200 TUSTIN CA 92780
John R Mcpherson director 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242

Forterra (Forterra) Headlines

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