GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Warehouse Group Ltd (The) (OTCPK:WHGPF) » Definitions » 6-1 Month Momentum %

WHGPF (Warehouse Group (The)) 6-1 Month Momentum % : -2.11% (As of Dec. 12, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Warehouse Group (The) 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 (2024-12-12), Warehouse Group (The)'s 6-1 Month Momentum % is -2.11%.

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

WHGPF's 6-1 Month Momentum % is ranked worse than
60.74% of 1113 companies
in the Retail - Cyclical industry
Industry Median: -2.69 vs WHGPF: -2.11

Competitive Comparison of Warehouse Group (The)'s 6-1 Month Momentum %

For the Department Stores subindustry, Warehouse Group (The)'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.


Warehouse Group (The)'s 6-1 Month Momentum % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Warehouse Group (The)'s 6-1 Month Momentum % distribution charts can be found below:

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



Warehouse Group (The)  (OTCPK:WHGPF) 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.


Warehouse Group (The)  (OTCPK:WHGPF) 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.


Warehouse Group (The) 6-1 Month Momentum % Related Terms

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


Warehouse Group (The) Business Description

Traded in Other Exchanges
Address
26 The Warehouse Way, Northcote, Auckland, NTL, NZL, 0627
Warehouse Group Ltd (The) is engaged in the retail sector. The company's operating segment includes Warehouse; Noel Leeming; Warehouse Stationery; TheMarket and Other Group operations. It generates maximum revenue from the Warehouse Segment.