GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Savencia SA (LTS:0DTK) » Definitions » 6-1 Month Momentum %

Savencia (LTS:0DTK) 6-1 Month Momentum % : -4.15% (As of Dec. 14, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Savencia 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 (2024-12-14), Savencia's 6-1 Month Momentum % is -4.15%.

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

LTS:0DTK's 6-1 Month Momentum % is ranked worse than
55.88% of 2024 companies
in the Consumer Packaged Goods industry
Industry Median: -1.255 vs LTS:0DTK: -4.15

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

For the Packaged Foods subindustry, Savencia'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.


Savencia's 6-1 Month Momentum % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Savencia's 6-1 Month Momentum % distribution charts can be found below:

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



Savencia  (LTS:0DTK) 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.


Savencia  (LTS:0DTK) 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.


Savencia 6-1 Month Momentum % Related Terms

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


Savencia Business Description

Traded in Other Exchanges
Address
42 rue Rieussec, Viroflay, FRA, 78220
Savencia SA is a producer of high-value-added dairy products. The company produces consumer products such as cheese, butter, and cream, for the retail market and food service professionals, as well as technical butters and specific dairy proteins for the food, dietetic, and health industries under the brands Aperivrais de Saint Moret, Boursault, Elle & Vire, Bakony, Chavrie, and Saladena, among many others. The company has operations in Europe, North and South America, the Middle East, and Asia. The company generates the majority of its revenue from the sale of Cheese products.

Savencia Headlines

No Headlines