6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-03), PlayAGS's 6-1 Month Momentum % is 19.59%.
The industry rank for PlayAGS's 6-1 Month Momentum % or its related term are showing as below:
AGS's 6-1 Month Momentum % is ranked better than 73.95% of 883
companies
in the Travel & Leisure industry
Industry Median: 3.45
vs AGS: 19.59
Competitive Comparison of PlayAGS's 6-1 Month Momentum %
For the Gambling subindustry, PlayAGS'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.
PlayAGS's 6-1 Month Momentum % Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, PlayAGS's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where PlayAGS's 6-1 Month Momentum % falls into.
* 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.
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.
PlayAGS 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of PlayAGS's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
PlayAGS Inc is a designer and supplier of gaming products and services for the gaming industry. The company mainly supplies electronic gaming machines (EGM), server-based systems and back-office systems which are used by casinos, and various gaming locations. Its operating segments are EGM, Table Products, and Interactive. The EGM segment offers a selection of video slot titles developed for the global marketplace as well as EGM cabinets. Its Table Products segments include live proprietary table games and side bets, as well as ancillary table products. The Interactive segment consists of delivering games through mobile apps such as Lucky Play Casino and Vegas Fever. It earns a majority of its revenue from the Electronic Gaming Machines segment and geographically from the United States.
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