What is Alpha Metallurgical Resources 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 (2024-04-28), Alpha Metallurgical Resources's 6-1 Month Momentum % is 42.73%.
The industry rank for Alpha Metallurgical Resources's 6-1 Month Momentum % or its related term are showing as below:
AMR's 6-1 Month Momentum % is ranked better than 87.35% of 648
companies
in the Steel industry
Industry Median: 4.655
vs AMR: 42.73
Competitive Comparison of Alpha Metallurgical Resources's 6-1 Month Momentum %
For the Coking Coal subindustry, Alpha Metallurgical Resources'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.
Alpha Metallurgical Resources's 6-1 Month Momentum % Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Alpha Metallurgical Resources's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Alpha Metallurgical Resources'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.
Alpha Metallurgical Resources 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Alpha Metallurgical Resources's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Alpha Metallurgical Resources (Alpha Metallurgical Resources) Business Description
Alpha Metallurgical Resources Inc is a Tennessee-based coal mining company with operations across Virginia and West Virginia. The company's portfolio of mining operations consists of underground mines, surface mines and coal preparation plants. It produces low-ash metallurgical coal, including High-Vol. A, Mid-Vol., High-Vol. B, and Low-Vol. coal, which is shipped to domestic and international coke and steel producers. The reportable segments of the company are Met. It extracts, processes and markets met and thermal coal from deep and surface mines for sale to steel and coke producers, industrial customers, and electric utilities.
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