GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Diplomat Holdings Ltd (XTAE:DIPL) » Definitions » 6-1 Month Momentum %

Diplomat Holdings (XTAE:DIPL) 6-1 Month Momentum % : 14.11% (As of Jun. 17, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Diplomat 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 (2024-06-17), Diplomat Holdings's 6-1 Month Momentum % is 14.11%.

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

XTAE:DIPL's 6-1 Month Momentum % is ranked better than
70.94% of 320 companies
in the Retail - Defensive industry
Industry Median: 3.045 vs XTAE:DIPL: 14.11

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

For the Food Distribution subindustry, Diplomat 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.


Diplomat Holdings's 6-1 Month Momentum % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Diplomat Holdings's 6-1 Month Momentum % distribution charts can be found below:

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



Diplomat Holdings  (XTAE:DIPL) 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.


Diplomat Holdings  (XTAE:DIPL) 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.


Diplomat Holdings 6-1 Month Momentum % Related Terms

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


Diplomat Holdings (XTAE:DIPL) Business Description

Traded in Other Exchanges
N/A
Address
4 Hermon Street, Airport City, ISR, 701000
Diplomat Holdings Ltd is a sales and distribution company in Israel. It provides customers with full-service supply chain management solutions and a diverse portfolio of FMCG and food brands. It distributes a diverse portfolio of global and domestic brands like Lenor, Mazola, Oreo, Tide, and others in personal and household care and food products.

Diplomat Holdings (XTAE:DIPL) Headlines

No Headlines