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Electronic Arts (XTER:ERT) 6-1 Month Momentum % : 21.07% (As of Dec. 14, 2024)


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What is Electronic Arts 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 (2024-12-14), Electronic Arts's 6-1 Month Momentum % is 21.07%.

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

XTER:ERT's 6-1 Month Momentum % is ranked better than
81.83% of 578 companies
in the Interactive Media industry
Industry Median: -9.81 vs XTER:ERT: 21.07

Competitive Comparison of Electronic Arts's 6-1 Month Momentum %

For the Electronic Gaming & Multimedia subindustry, Electronic Arts'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.


Electronic Arts's 6-1 Month Momentum % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Electronic Arts's 6-1 Month Momentum % distribution charts can be found below:

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



Electronic Arts  (XTER:ERT) 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.


Electronic Arts  (XTER:ERT) 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.


Electronic Arts 6-1 Month Momentum % Related Terms

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Electronic Arts Business Description

Address
209 Redwood Shores Parkway, Redwood City, CA, USA, 94065
Electronic Arts is one of the world's largest third-party video game publishers and has transitioned from a console-based video game publisher to the one of the largest publishers on consoles, PC, and mobile. The firm owns number of large franchises, including Madden, EA Sports FC (formerly FIFA), Battlefield, Apex Legends, Mass Effect, Dragon's Age, and Need for Speed.

Electronic Arts Headlines

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