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PKOH (Park-Ohio Holdings) 6-1 Month Momentum % : 26.10% (As of Dec. 15, 2024)


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What is Park-Ohio 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 (2024-12-15), Park-Ohio Holdings's 6-1 Month Momentum % is 26.10%.

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

PKOH's 6-1 Month Momentum % is ranked better than
75.39% of 3031 companies
in the Industrial Products industry
Industry Median: 2.72 vs PKOH: 26.10

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

For the Specialty Industrial Machinery subindustry, Park-Ohio 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.


Park-Ohio Holdings's 6-1 Month Momentum % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Park-Ohio Holdings's 6-1 Month Momentum % distribution charts can be found below:

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



Park-Ohio Holdings  (NAS:PKOH) 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.


Park-Ohio Holdings  (NAS:PKOH) 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.


Park-Ohio Holdings 6-1 Month Momentum % Related Terms

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Park-Ohio Holdings Business Description

Traded in Other Exchanges
N/A
Address
6065 Parkland Boulevard, Cleveland, OH, USA, 44124
Park-Ohio Holdings Corp is a company, engaged in industrial supply chain logistics and diversified manufacturing business. It operates in three business segments namely Supply Technologies, Assembly Components and Engineered Products. Geographically, the business of the group is amplifying across the region of the United States, Asia, Europe, Canada, Mexico and others. The company derives most of the revenue from the Supply Technologies segment which provides the customer with total supply management services such as engineering and design support, supplier selection, quality assurance, barcoding, product packaging and tracking, just-in-time and point-of-use delivery and electronic billing services for a range of production components.
Executives
Edward F Crawford director, 10 percent owner, officer: CEO, COB
Ronna Romney director
Matthew V Crawford director, 10 percent owner, officer: President & COO
James W Wert director
Hanna Howard W Iv director 6065 PARKLAND BLVD., CLEVELAND OH 44124
Patrick W Fogarty officer: Director Corporate Development
Robert D Vilsack officer: Secretary & General Counsel
Moore Dan T Iii director
Patrick V Auletta director 23000 EUCLID AVE, EUCLID OH 44117
Steven H Rosen director 6065 PARKLAND BOULEVARD, MAYFIELD HEIGHTS OH 44124
John D Grampa director MATERION CORPORATION, 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Mixon Aaron Malachi Iii director 800 SUPERIOR AVENUE, SUITE 1800, CLEVELAND OH 44107
W Scott Emerick officer: VP & CFO 29400 LAKELAND BOULEVARD, WICKLIFFE OH 44092
Kevin R Greene director
Jeffrey L Rutherford officer: Vice President & CFO 15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799