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Strauss Group (Strauss Group) 6-1 Month Momentum % : N/A% (As of May. 01, 2024)


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What is Strauss Group 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 (2024-05-01), Strauss Group's 6-1 Month Momentum % is N/A%.

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

SGLJY's 6-1 Month Momentum % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.93
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Strauss Group's 6-1 Month Momentum %

For the Packaged Foods subindustry, Strauss Group'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.


Strauss Group's 6-1 Month Momentum % Distribution in the Consumer Packaged Goods Industry

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

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



Strauss Group  (GREY:SGLJY) 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.


Strauss Group  (GREY:SGLJY) 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.


Strauss Group 6-1 Month Momentum % Related Terms

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Strauss Group (Strauss Group) Business Description

Traded in Other Exchanges
Address
49 Hasivim Street, Kiryat Matalon, P.O. Box 194, Petach Tikva, ISR, 4959504
Strauss Group Ltd is a food and beverage company that holds a portfolio of companies including Strauss Coffee B.V., which produces coffee, teas, and other complementary products, and provides coffee services to hotels, restaurants, cafes, and working places; Strauss Israel, which offers a variety of products such as dairies, snacks, and drinks to Israel food market; Strauss Water, which specializes in drinking water solutions; and PepsiCo-Strauss Fresh Dips and Spreads, which supplies vegetarian dips and fresh foods. Its geographical segments are Israel, and Europe and the Rest of the World, of which the company generates most of its revenue from Israel.

Strauss Group (Strauss Group) Headlines

From GuruFocus

Giora Bardea Appointed President and CEO of Strauss Group

By PRNewswire PRNewswire 09-05-2018