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GLASF (Glass House Brands) 6-1 Month Momentum % : -34.59% (As of Mar. 26, 2025)


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What is Glass House Brands 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 (2025-03-26), Glass House Brands's 6-1 Month Momentum % is -34.59%.

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

GLASF's 6-1 Month Momentum % is ranked worse than
89.17% of 1062 companies
in the Drug Manufacturers industry
Industry Median: -3.255 vs GLASF: -34.59

Competitive Comparison of Glass House Brands's 6-1 Month Momentum %

For the Drug Manufacturers - Specialty & Generic subindustry, Glass House Brands'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.


Glass House Brands's 6-1 Month Momentum % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Glass House Brands's 6-1 Month Momentum % distribution charts can be found below:

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



Glass House Brands  (OTCPK:GLASF) 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.


Glass House Brands  (OTCPK:GLASF) 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.


Glass House Brands 6-1 Month Momentum % Related Terms

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Glass House Brands Business Description

Traded in Other Exchanges
Address
3645 Long Beach Boulevard, Long Beach, CA, USA, 90807
Glass House Brands Inc is an integrated cannabis company that operates exclusively in the state of California. Its portfolio of brands includes Glass House Farms, Forbidden Flowers, and Mama Sue Wellness. It cultivates, manufactures, and distributes cannabis bulk flower and trim to wholesalers and consumer packaged goods to third-party retail stores. It also owns and operates retail cannabis stores in the state of California. it has three reportable segments retail, wholesale biomass, and cannabis-related consumer packaged goods. It generates the majority of its revenue from wholesale biomass.