6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2023-03-20), Cisco Systems's 6-1 Month Momentum % is 17.25%.
The industry rank for Cisco Systems's 6-1 Month Momentum % or its related term are showing as below:
CSCO's 6-1 Month Momentum % is ranked better than 77.88% of 2396
companies
in the Hardware industry
Industry Median: 1.65
vs CSCO: 17.25
Competitive Comparison
For the Communication Equipment subindustry, Cisco Systems'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.
Cisco Systems 6-1 Month Momentum % Distribution
For the Hardware industry and Technology sector, Cisco Systems's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Cisco Systems's 6-1 Month Momentum % falls in comparison to its industry or sector. The grey bar indicates the 6-1 Month Momentum %'s extreme value range as defined by GuruFocus.
Cisco Systems (NAS:CSCO) 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.
Cisco Systems (NAS:CSCO) 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.
Cisco Systems 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Cisco Systems's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally.
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