TUFUF (Thai Union Group PCL) 6-1 Month Momentum % : 2.42% (As of Dec. 15, 2024)

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What is Thai Union Group PCL 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), Thai Union Group PCL's 6-1 Month Momentum % is 2.42%.

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

TUFUF's 6-1 Month Momentum % is ranked worse than
66.45% of 2024 companies
in the Consumer Packaged Goods industry
Industry Median: -1.255 vs TUFUF: 2.42

Competitive Comparison of Thai Union Group PCL's 6-1 Month Momentum %

For the Packaged Foods subindustry, Thai Union Group PCL'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.

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

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

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

Thai Union Group PCL (OTCPK:TUFUF) 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.

Thai Union Group PCL (OTCPK:TUFUF) 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.

Thai Union Group PCL 6-1 Month Momentum % Related Terms

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Thai Union Group PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai Union Group PCL (OTCPK:TUFUF) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

TU-F:Thailand TU:Thailand THYG:Germany

Address

72/1 Moo 7, Sethakit 1 Road, Tarsrai Sub-district, Amphur Muang, Samutsakorn, Samut sakhon, THA, 74000

Website

https://www.thaiunion.com

Thai Union Group PCL is a global seafood-based food products company. The company sells its products locally in Thailand, as well as in North America and Europe. The business categories are ambient seafood (tuna, salmon, sardine, mackerel); frozen and chilled seafood and related products (shrimp, lobster, salmon); and pet food and value-added. In North America, Thai Union's portfolio contains tuna, salmon, and sardines, sold in different varieties under the Chicken of the Sea and Genova brands. In Europe, the company offers seafood and fish products under brands such as John West, Petit Navire, Parmentier, King Oscar, Mareblum, and Rugen Fisch. In Asia-Pacific, the local brands are Century, Sealect, Fisho, Bellotta, and Marvo.