NBND (NetBrands) 6-1 Month Momentum % : -88.37% (As of Dec. 13, 2024)

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What is NetBrands 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), NetBrands's 6-1 Month Momentum % is -88.37%.

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

NBND's 6-1 Month Momentum % is ranked worse than
99.5% of 2020 companies
in the Consumer Packaged Goods industry
Industry Median: -0.73 vs NBND: -88.37

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

For the Packaged Foods subindustry, NetBrands'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.

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

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

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

NetBrands (OTCPK:NBND) 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.

NetBrands (OTCPK:NBND) 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.

NetBrands 6-1 Month Momentum % Related Terms

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NetBrands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » NetBrands Corp (OTCPK:NBND) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4042 Austin Boulevard, Suite B, Island Park, NY, USA, 11558

Website

https://www.gdmginc.com

NetBrands Corp is an early-stage diversified holdings company that sells multiple products under common management with one of them a global multi-line consumer packaged goods (CPG) company with branded product lines in the food and snack industry. This division operates as a marketer and distributor in the United States, Canada, and Europe. Another division is focused and involved in building and acquiring e-commerce assets as well as private businesses in various verticals.

Executives

Paul Adler	director, 10 percent owner, officer: President, Secretary and CEO	4042 AUSTIN BOULEVARD SUITE B, ISLAND PARK NY 11558
David Natan	director	11190 BISCAYNE BLVD, MIAMI FL 33181
Michael Cascione	director	1309 SHELBOURNE AVE, MAMARONECK NY 10543
Sandra G. Williams	director	122 SCHOOL ST., FRAMINGHAM MA 01701
James Curtis Donegan	director	6080 S. CHESTER WAY, GREENWOOD VILLAGE CO 80111
James M Cassidy	other: frmer dir., officer: 5% sh	215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop	other: frmer dir., officer: 5% sh	9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212