Flint (NWPIF) 6-1 Month Momentum % : 116.90% (As of Dec. 14, 2024)

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What is Flint 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), Flint's 6-1 Month Momentum % is 116.90%.

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

NWPIF's 6-1 Month Momentum % is ranked better than
78.55% of 1049 companies
in the Oil & Gas industry
Industry Median: -4.78 vs NWPIF: 116.90

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

For the Oil & Gas Equipment & Services subindustry, Flint'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.

Flint's 6-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Flint's 6-1 Month Momentum % distribution charts can be found below:

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

Flint (OTCPK:NWPIF) 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.

Flint (OTCPK:NWPIF) 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.

Flint 6-1 Month Momentum % Related Terms

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Flint Business Description

Industry

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Traded in Other Exchanges

FLNT:Canada

Address

205 - 5th Avenue SouthWest, Suite 3500, Bow Valley Square 2, Calgary, AB, CAN, T2P 2V7

Website

https://www.flintcorp.com

Flint Corp is a fully-integrated provider of services and products to industrial markets including Energy, Petrochemical, Mining, Power, Agriculture, Forestry, Infrastructure and Water Treatment. The service provided by the company focuses on maintenance and turnarounds, facility construction, fabrication, modularization and machining, wear technologies and weld overlays, pipeline installation and integrity, electrical and instrumentation, workforce supply, heavy equipment operators, and environmental services. The company's segments include The Maintenance and Construction Services segment; and the Wear Technology Overlay Services and Corporate segment. The company derives maximum revenue from The Maintenance and Construction Services segment.