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), Unique Fabricating's 6-1 Month Momentum % is -99.96%.
The industry rank for Unique Fabricating's 6-1 Month Momentum % or its related term are showing as below:
UFABQ's 6-1 Month Momentum % is not ranked
in the Vehicles & Parts industry.
Industry Median: 4.46
vs UFABQ: -99.96
Competitive Comparison of Unique Fabricating's 6-1 Month Momentum %
For the Auto Parts subindustry, Unique Fabricating'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.
Unique Fabricating's 6-1 Month Momentum % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Unique Fabricating's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Unique Fabricating'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.
Unique Fabricating 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Unique Fabricating's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Unique Fabricating (Unique Fabricating) Business Description
Unique Fabricating Inc is engaged in the engineering and manufacture of multi-material foam, rubber, and plastic components utilized in noise, vibration and harshness, acoustical management, water and air sealing, decorative and other functional applications. Its products are air management products, heating ventilating and air conditioning, seals, fender stuffers, air ducts, acoustical insulation, door water shields, gas tank pads, light gaskets, topper pads, mirror gaskets, glove box liners, personal protection equipment, and packaging. It derives net sales from the sales of foam, rubber plastic, and tape adhesive related automotive products produced by manufacturing processes including die cutting, compression molding, thermoforming, reaction injection molding and fusion molding.
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