What is Core Molding Technologies 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 (2024-04-29), Core Molding Technologies's 6-1 Month Momentum % is -31.08%.
The industry rank for Core Molding Technologies's 6-1 Month Momentum % or its related term are showing as below:
CMT's 6-1 Month Momentum % is ranked worse than 95.61% of 1571
companies
in the Chemicals industry
Industry Median: 0.5
vs CMT: -31.08
Competitive Comparison of Core Molding Technologies's 6-1 Month Momentum %
For the Specialty Chemicals subindustry, Core Molding Technologies'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.
Core Molding Technologies's 6-1 Month Momentum % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Core Molding Technologies's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Core Molding Technologies'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.
Core Molding Technologies 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Core Molding Technologies's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Core Molding Technologies (Core Molding Technologies) Business Description
Core Molding Technologies Inc operates in the engineered materials market as one operating segment as a molder of thermoplastic and thermoset structural products. It produces and sells molded products for varied markets, including medium and heavy-duty trucks, automobiles, power sports, construction and agriculture, building products, and other industrial markets. The processes include compression molding of sheet molding compound (SMC), resin transfer molding (RTM), liquid molding of dicyclopentadiene (DCPD), spray-up and hand-lay-up, direct long-fiber thermoplastics (D-LFT) and structural foam, and structural web injection molding (SIM). It operates in Columbus, Ohio, Columbus, and Batavia, Ohio; Gaffney, South Carolina; Winona, Minnesota; Matamoros and others.
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