Sogefi SpA (STU:GEF) 6-1 Month Momentum % : 35.54% (As of Jun. 23, 2024)

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What is Sogefi SpA 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 (2024-06-23), Sogefi SpA's 6-1 Month Momentum % is 35.54%.

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

STU:GEF's 6-1 Month Momentum % is ranked better than
90.28% of 1307 companies
in the Vehicles & Parts industry
Industry Median: -1.75 vs STU:GEF: 35.54

Competitive Comparison of Sogefi SpA's 6-1 Month Momentum %

For the Auto Parts subindustry, Sogefi SpA'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.

Sogefi SpA's 6-1 Month Momentum % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sogefi SpA's 6-1 Month Momentum % distribution charts can be found below:

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

Sogefi SpA (STU:GEF) 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.

Sogefi SpA (STU:GEF) 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.

Sogefi SpA 6-1 Month Momentum % Related Terms

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Sogefi SpA (STU:GEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sogefi SpA (STU:GEF) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

SGF:Italy 0NV0:UK GEF:Germany

Address

Via Ciovassino 1/A, Milan, ITA, 20121

Website

https://www.sogefigroup.com

Sogefi SpA supplies original parts for the automotive industry. It develops filtration systems, flexible suspension components, air management and engine cooling systems. The company offers its products under Allevard rejna, coopers fiaam, fram, lp-dn, purflux, sidergarda mollificio bresciano, sogefi pro, united springs brands. It has three segments: Air and cooling, Filtration and Suspensions. Air and cooling unit cover engineering and manufacturing of plastic automotive components. Filtration unit encompasses the production of filter products including oil, diesel, petrol, air and cabin air filters for the original equipment market and also provides filtration modules. Suspension unit includes manufacturing of automotive and industrial products for automotive and industrial markets.