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HBI (Hanesbrands) 6-1 Month Momentum % : 57.71% (As of Dec. 13, 2024)


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What is Hanesbrands 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), Hanesbrands's 6-1 Month Momentum % is 57.71%.

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

HBI's 6-1 Month Momentum % is ranked better than
92.57% of 1157 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.35 vs HBI: 57.71

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

For the Apparel Manufacturing subindustry, Hanesbrands'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.


Hanesbrands's 6-1 Month Momentum % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hanesbrands's 6-1 Month Momentum % distribution charts can be found below:

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



Hanesbrands  (NYSE:HBI) 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.


Hanesbrands  (NYSE:HBI) 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.


Hanesbrands 6-1 Month Momentum % Related Terms

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


Hanesbrands Business Description

Traded in Other Exchanges
Address
1000 East Hanes Mill Road, Winston-Salem, NC, USA, 27105
Hanesbrands manufactures basic and athletic apparel under brands including Hanes, Playtex, Maidenform, Bali, Berlei, and Bonds. The company sells wholesale to discount, midmarket, and department store retailers as well as direct to consumers through stores and e-commerce. Hanesbrands is vertically integrated as it produces more than 70% of its products in company-controlled factories in more than three dozen nations. Hanesbrands distributes products in the Americas and Asia-Pacific. The company was founded in 1901 and is based in Winston-Salem, North Carolina.
Executives
Mark A Irvin director 7601 PENN AVENUE, RICHFIELD MN 55423
Michael Dastugue officer: Chief Financial Officer 6501 LEGACY DRIVE, PLANO TX 75024
William S Simon director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Joseph W Cavaliere officer: President Innerwear Global 1000 E. HANES MILL ROAD, WINSTON-SALEM NC 27105
Markland Scott Lewis officer: Chief Accounting Officer 1000 EAST HANES MILL ROAD, LEGAL DEPARTMENT, WINSTON-SALEM NC 27105
Michael E. Faircloth officer: EVP Supply Chain - Global 1000 EAST HANES MILL ROAD, WINSTON-SALEM NC 27105
Geralyn Breig director ONE OLD COUNTRY ROAD, SUITE 500, CARLE PLACE NY 11514
Scott A Pleiman officer: See Remarks 1000 E. HANES MILL ROAD, WINSTON-SALEM NC 27105
Robert F Moran director C/O GNC HOLDINGS, INC., 300 SIXTH AVENUE, PITTSBURGH PA 15222
Tracy M Preston officer: GC, Corp Sec and CCO 1000 E. HANES MILL ROAD, WINSTON-SALEM NC 27105
James C Johnson director 1901 CHOUTEAU AVENUE, P. O. BOX 66149, MC-1370, ST. LOUIS MO 63166-6149
Kristin L Oliver officer: Chief Human Resources Officer 11215 METRO PARKWAY, FORT MYERS FL 33966
Franck J Moison director C/O COLGATE PALMOLIVE CO, 300 PARK AVE 15TH FL, NEW YORK NY 10022
Ann Elizabeth Ziegler director ONE EAST WACKER DR, CHICAGO IL 60601
Bobby J Griffin director C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PL STE 700, STAMFORD CT 06902