GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Origin Materials Inc (NAS:ORGN) » Definitions » 6-1 Month Momentum %

ORGN (Origin Materials) 6-1 Month Momentum % : 27.77% (As of Dec. 16, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Origin Materials 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 (2024-12-16), Origin Materials's 6-1 Month Momentum % is 27.77%.

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

ORGN's 6-1 Month Momentum % is ranked better than
81.92% of 1576 companies
in the Chemicals industry
Industry Median: 0.795 vs ORGN: 27.77

Competitive Comparison of Origin Materials's 6-1 Month Momentum %

For the Chemicals subindustry, Origin Materials'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.


Origin Materials's 6-1 Month Momentum % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Origin Materials's 6-1 Month Momentum % distribution charts can be found below:

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



Origin Materials  (NAS:ORGN) 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.


Origin Materials  (NAS:ORGN) 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.


Origin Materials 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Origin Materials's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Origin Materials Business Description

Traded in Other Exchanges
Address
930 Riverside Parkway, Suite 10, West Sacramento, CA, USA, 95605
Origin Materials Inc is a carbon-negative materials company. The platform turns the carbon found in biomass into useful materials, while eliminating the need for fossil resources and capturing carbon in the process. Its products include, PET circular caps and closures, Para-xylene, carbon black, Levulinic acid among others.
Executives
Richard J. Riley director, officer: Co-CEO and Director C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
John Bissell director, officer: President, Co-CEO and Director C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Joshua C. Lee officer: General Counsel C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Matthew T Plavan officer: Chief Financial Officer C/O THERMOGENESIS CORP., 2711 CITRUS ROAD, RANCHO CORDOVA CA 95742
Heidenmark Cook Pia Johanna director PRASTAV 672, VIKEN V7 263 61
R Tony Tripeny director ONE RIVERFRONT PLAZA, CORNING NY 14831
Pamela Haley officer: Interim CFO 202 COUSTEAU PLACE, DAVIS CA 95618
Karen A Richardson director
James C. Stephanou director 930 RIVERSIDE PKWY SUITE 10, WEST SACRAMENTO CA 95605
Craig A Rogerson director 1313 N MARKET ST, WILMINGTON DE 19894
Boon Sim director, 10 percent owner C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Nathan S. Whaley officer: Chief Financial Officer C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Stephen Galowitz officer: Chief Commercial Officer C/O ORIGIN MATERIALS, INC., 3 COLUMBUS CIRCLE, SUITE 2215, NEW YORK NY 10019
Charles Drucker director, 10 percent owner, officer: Executive Chairman 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
Benno O Dorer director 1221 BROADWAY, OAKLAND CA 94612