PJSC MegaFon (MIC:MFON) 6-1 Month Momentum % : N/A% (As of May. 23, 2024)

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What is PJSC MegaFon 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 (2024-05-23), PJSC MegaFon's 6-1 Month Momentum % is N/A%.

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

MIC:MFON's 6-1 Month Momentum % is not ranked ^*
in the Telecommunication Services industry.
Industry Median: 0.455
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of PJSC MegaFon's 6-1 Month Momentum %

For the Telecom Services subindustry, PJSC MegaFon'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.

PJSC MegaFon's 6-1 Month Momentum % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PJSC MegaFon's 6-1 Month Momentum % distribution charts can be found below:

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

PJSC MegaFon (MIC:MFON) 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.

PJSC MegaFon (MIC:MFON) 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.

PJSC MegaFon 6-1 Month Momentum % Related Terms

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PJSC MegaFon (MIC:MFON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PJSC MegaFon (MIC:MFON) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

41 Oruzheyniy Lane, Moscow, RUS, 127006

Website

https://www.megafon.ru

PJSC MegaFon is a telecommunications company that provides fixed-line, mobile business, and hardware operations. The primary mobile segment provides voice, data, Internet, and business solutions products for customers in the Russian Federation. MegaFon operates its retail chain of stores through both direct ownership and franchised operations. The company also manages a hardware brand, which creates fixed phones, mobile phones, modems, laptops, and tablet computers. MegaFon generates the vast majority of its revenue in Russia. The company earns revenue in the form of Wireless services, wireline services, and sale of equipment and accessories, out of which the majority of the revenue is generated from Wireless services.