BRF (BSP:BRFS3) 6-1 Month Momentum %

: 51.07% (As of Today)

View and export this data going back to 2000. 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 (2024-04-23), BRF's 6-1 Month Momentum % is 51.07%.

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

BSP:BRFS3's 6-1 Month Momentum % is ranked better than
93.45% of 1985 companies
in the Consumer Packaged Goods industry
Industry Median: 1.08 vs BSP:BRFS3: 51.07

Competitive Comparison

For the Packaged Foods subindustry, BRF'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.

BRF 6-1 Month Momentum % Distribution

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

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

BRF (BSP:BRFS3) 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.

BRF (BSP:BRFS3) 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.

BRF 6-1 Month Momentum % Related Terms

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

BRF (BSP:BRFS3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » BRF SA (BSP:BRFS3) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

BRFS:USA BRFS:Mexico P5Y:Germany BRFS:Argentina

Address

Avenida das Nacoes Unidas, 8501 – 1st Floor, Pinheiros, Sao Paulo, SP, BRA, 05425-070

Website

https://www.brf-global.com

BRF SA is an international producer of fresh and frozen protein foods. The firm's segments are In natura (poultry, pork, bovine, and other), Processed foods, and Other sales. The product portfolio includes marinated, frozen, whole and cut meat, specialty meats, portioned products, and frozen prepared entrees. The company also offers margarine, sweet specialties, sandwiches, mayonnaise, and animal feed. Its most well-known brands are Sadia, Chester, Perdix, Paty, Perdigao, and Qualy. Internationally, the portfolio's leading brand is Sadia, which is present in multiple categories in Middle Eastern countries. Geographically, sales are distributed evenly between Brazil and international markets.

BRF (BSP:BRFS3) Headlines

No Headlines