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thyssenkrupp nucera AG (XTER:NCH2) 6-1 Month Momentum % : -11.40% (As of Dec. 11, 2024)


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What is thyssenkrupp nucera AG 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 (2024-12-11), thyssenkrupp nucera AG's 6-1 Month Momentum % is -11.40%.

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

XTER:NCH2's 6-1 Month Momentum % is ranked worse than
74.02% of 3029 companies
in the Industrial Products industry
Industry Median: 3.77 vs XTER:NCH2: -11.40

Competitive Comparison of thyssenkrupp nucera AG's 6-1 Month Momentum %

For the Specialty Industrial Machinery subindustry, thyssenkrupp nucera AG'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.


thyssenkrupp nucera AG's 6-1 Month Momentum % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, thyssenkrupp nucera AG's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where thyssenkrupp nucera AG's 6-1 Month Momentum % falls into.



thyssenkrupp nucera AG  (XTER:NCH2) 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.


thyssenkrupp nucera AG  (XTER:NCH2) 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.


thyssenkrupp nucera AG 6-1 Month Momentum % Related Terms

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thyssenkrupp nucera AG Business Description

Traded in Other Exchanges
Address
Vosskuhle 38, Harpen, Dortmund, NW, DEU, 44141
thyssenkrupp nucera AG & Co is a provider of technologies for high-efficiency electrolysis plants. Its green hydrogen technology enables customers to minimize their carbon footprint and transform their operations into net zero. The company is a technology leader in the chlor-alkali sector. Its experience in the chlor-alkali business stretches over five decades, providing a basis for the development and upscaling of its alkaline water electrolysis (AWE) business. AWE is an industrial-scale green hydrogen production technology for the company. It enables customers to produce large volumes of hydrogen with a standardized modular approach at the cost of ownership. The company has five geographical segments; Germany, Italy, Japan, China and Rest of the world.
Executives
Dr. Werner Ponikwar Board of Directors
Dr. Arno Pfannschmidt Board of Directors
Prof. Dr. Franca Ruhwedel Supervisory Board
Fulvio Federico Board of Directors

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