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NGTF (NightFood Holdings) 6-1 Month Momentum % : -22.03% (As of Dec. 12, 2024)


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What is NightFood Holdings 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 (2024-12-12), NightFood Holdings's 6-1 Month Momentum % is -22.03%.

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

NGTF's 6-1 Month Momentum % is ranked worse than
81.53% of 2020 companies
in the Consumer Packaged Goods industry
Industry Median: -0.73 vs NGTF: -22.03

Competitive Comparison of NightFood Holdings's 6-1 Month Momentum %

For the Packaged Foods subindustry, NightFood Holdings'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.


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

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

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



NightFood Holdings  (OTCPK:NGTF) 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.


NightFood Holdings  (OTCPK:NGTF) 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.


NightFood Holdings 6-1 Month Momentum % Related Terms

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NightFood Holdings Business Description

Traded in Other Exchanges
N/A
Address
520 White Plains Road, Suite 500, Tarrytown, NY, USA, 10591
NightFood Holdings Inc has its markets based on the food and snack industry. The company is in the business of manufacturing, marketing, and distributing snacks specifically for consumption in the evening. It provides ice cream products through distributors and non-traditional retailers.
Executives
Thomas F Morse director PO BOX 1351, WALLED LAKE MI 48390
Nisa Amoils director 21 EAST 96TH STREET, NEW YORK NY 10128
Thanuja K. Hamilton director 602 CANTOR TRAIL, CHERRY HILL NJ 08002
Sean Folkson director, 10 percent owner, officer: CEO 85 PARKVIEW ROAD, ELMSFORD NY 10523
Peter E Leighton 10 percent owner 5157 JACKSON STREET, OMAHA NE 68106