MAGN (Magnera) 6-1 Month Momentum % : -13.47% (As of Apr. 07, 2025)

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What is Magnera 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 (2025-04-07), Magnera's 6-1 Month Momentum % is -13.47%.

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

MAGN's 6-1 Month Momentum % is ranked worse than
58.78% of 296 companies
in the Forest Products industry
Industry Median: -10.03 vs MAGN: -13.47

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

For the Paper & Paper Products subindustry, Magnera'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.

Magnera's 6-1 Month Momentum % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Magnera's 6-1 Month Momentum % distribution charts can be found below:

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

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Magnera (NYSE:MAGN) 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.

Magnera (NYSE:MAGN) 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.

Magnera 6-1 Month Momentum % Related Terms

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

Magnera Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Magnera Corp (NYSE:MAGN) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

W2B:Germany

Address

9335 Harris Corners parkway, Suite 300, Charlotte, NC, USA, 28269

Website

https://www.magnera.com

Magnera Corp formerly Glatfelter Corporation manufactures and sells a variety of paper and fiber products. The company's reportable segments are; Composite Fibers, Spunlace. and Airlaid Materials. The Airlaid Materials segment which is also its key revenue generating segment, is a supplier of cellulose-based airlaid nonwoven materials used to manufacture consumer products for end-user markets. The Airlaid Materials segment produces materials used in feminine hygiene, specialty wipes, tabletop, home care, and other consumables. Geographically, the company derives majority of its revenue from Americas and rest from Europe, Middle East, Africa and Asia Pacific markets.

Executives

Carlson Capital L P	10 percent owner	2100 MCKINNEY AVE, STE 1900, DALLAS TX 75201
Black Diamond Offshore Ltd.	10 percent owner	CITCO FUND SERVICES, 89 NEXUS WAY, P.O. BOX 31106, GRAND CAYMAN E9 KY1-1205
Boris Illetschko	officer: SVP, Chief Operating Officer	GRAFENAUWEG, 8, ZUG V8 6300
Kevin Michael Fogarty	director	30 GRAND GARDEN COURT, THE WOODLANDS TX 77381
David C Elder	officer: Corp Controller	96 S. GEORGE STREET, SUITE 400, YORK PA 17401
Wolfgang Laures	officer: SVP, Global Supply Chain	96 S. GEORGE ST., SUITE 520, YORK PA 17401
Delaware Domiciled Single Investor Limited Partnership - 101	10 percent owner	2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201
Black Diamond Arbitrage Offshore Ltd.	10 percent owner	2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201
Asgard Investment Corp. Ii	10 percent owner	2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201
Double Black Diamond Offshore Ltd	10 percent owner	CITCO FUND SERVICES, 89 NEXUS WAY, P.O. BOX 31106, CAMANA BAY E9 KY-1205
Clint Duane Carlson	10 percent owner	2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201
Darrel H. Hackett	director	4350 CONGRESS STREET, SUITE 600, CHARLOTTE NC 28209
Thomas Fahnemann	director, officer: CEO	5664 YARDARM CT., CAPE CORAL FL 33914
J Robert Hall	director	GLATFELTER, 96 SOUTH GEORGE ST STE 500, YORK PA 17401
Dante C Parrini	officer: Vice President	GLATFELTER, 96 SOUTH GEORGE ST, SUITE 520, YORK PA 17401