CarGurus (FRA:0C6) 6-1 Month Momentum %

: 24.26% (As of Today)

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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), CarGurus's 6-1 Month Momentum % is 24.26%.

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

FRA:0C6's 6-1 Month Momentum % is ranked better than
82.2% of 1298 companies
in the Vehicles & Parts industry
Industry Median: 4.46 vs FRA:0C6: 24.26

Competitive Comparison

For the Auto & Truck Dealerships subindustry, CarGurus'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.

CarGurus 6-1 Month Momentum % Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, CarGurus's 6-1 Month Momentum % distribution charts can be found below:

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

CarGurus (FRA:0C6) 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.

CarGurus (FRA:0C6) 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.

CarGurus 6-1 Month Momentum % Related Terms

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CarGurus (FRA:0C6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » CarGurus Inc (FRA:0C6) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

CARG:USA

Address

2 Canal Park, 4th Floor, Cambridge, MA, USA, 02141

Website

https://www.cargurus.com

CarGurus Inc is a company that acts as an online automotive marketplace connecting buyers and sellers of new and used cars. The company provides three types of marketplace Listing products, Restricted Listings, and Enhanced or Featured Listing through which it offers real-time and historical data analyzing the connections and pricing analysis. It also provides all dealers with a web widget to place Deal Rating Badges, which show deal rating. The listing platforms offer auto manufacturers and others to buy advertising on the company's site and target consumers based on the make, model, and zip code of the cars. The company operates through two geographical segments namely United States and the International. It generates majority of revenue from the United States.

CarGurus (FRA:0C6) Headlines

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