Agthia Group PJSC (ADX:AGTHIA) 6-1 Month Momentum %

: 36.40% (As of Today)

View and export this data going back to 2005. Start your Free Trial

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-24), Agthia Group PJSC's 6-1 Month Momentum % is 36.40%.

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

ADX:AGTHIA's 6-1 Month Momentum % is ranked better than
86.95% of 1985 companies
in the Consumer Packaged Goods industry
Industry Median: 1.08 vs ADX:AGTHIA: 36.40

Competitive Comparison

For the Packaged Foods subindustry, Agthia Group PJSC'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.

Agthia Group PJSC 6-1 Month Momentum % Distribution

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

* The bar in red indicates where Agthia Group PJSC's 6-1 Month Momentum % falls into.

Agthia Group PJSC (ADX:AGTHIA) 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.

Agthia Group PJSC (ADX:AGTHIA) 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.

Agthia Group PJSC 6-1 Month Momentum % Related Terms

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

Agthia Group PJSC (ADX:AGTHIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Agthia Group PJSC (ADX:AGTHIA) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

17th Floor, Sky Tower, P.O. Box 37725, Al Reem Island, Abu Dhabi, ARE

Website

https://www.agthia.com

Agthia Group PJSC is a food and beverage company that sells its products to customers across the UAE, GCC, Turkey, and the wider Middle East. Its product portfolio is categorized into segments, including flour and animal feed, water and beverages, processed fruits and vegetables, and dairy and frozen baked products. The company operates through two businesses: agribusiness, which manages, manufactures, distributes, and markets Grand Mills flour and Agrivita animal feed products; and consumer business, which operates in the food and beverage sector and provides products including bottled drinking water, juices, sauces, and dairy products.

Agthia Group PJSC (ADX:AGTHIA) Headlines

No Headlines