NTDOY (Nintendo Co) 6-1 Month Momentum % : -1.81% (As of Dec. 15, 2024)

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What is Nintendo Co 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 (2024-12-15), Nintendo Co's 6-1 Month Momentum % is -1.81%.

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

NTDOY's 6-1 Month Momentum % is ranked better than
61.42% of 578 companies
in the Interactive Media industry
Industry Median: -9.81 vs NTDOY: -1.81

Competitive Comparison of Nintendo Co's 6-1 Month Momentum %

For the Electronic Gaming & Multimedia subindustry, Nintendo Co'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.

Nintendo Co's 6-1 Month Momentum % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nintendo Co's 6-1 Month Momentum % distribution charts can be found below:

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

Nintendo Co (OTCPK:NTDOY) 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.

Nintendo Co (OTCPK:NTDOY) 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.

Nintendo Co 6-1 Month Momentum % Related Terms

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Nintendo Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Nintendo Co Ltd (OTCPK:NTDOY) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

NTDOF:USA NTDOY:Mexico 7974:Japan 0K85:UK 0R1E:UK NTOA:Germany NTO:Germany NTOA:Germany NTO:Germany NTO:Austria

Address

11-1 Hokotate-cho, Kamitoba, Minami-ku, Kyoto, JPN, 601-8501

Website

http://www.nintendo.co.jp

Nintendo started its video game console business in 1983 by launching the NES, and started its portable console business in 1989 by launching the Game Boy. Since then, the firm has focused on expanding the gaming population by delivering unique entertainment experiences on its original console systems; the Wii and Nintendo DS are its most popular hardware. However, Nintendo not only makes game consoles, but also owns world-renowned IPs such as Super Mario, Pokemon, and Zelda, which have been a source of cash flow for 40 years.