Lowe's (FRA:LWE) 6-1 Month Momentum %

: 20.47% (As of Today)

View and export this data going back to 1979. 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 (2024-04-16), Lowe's's 6-1 Month Momentum % is 20.47%.

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

FRA:LWE's 6-1 Month Momentum % is ranked better than
79.44% of 1114 companies
in the Retail - Cyclical industry
Industry Median: 0.35 vs FRA:LWE: 20.47

Competitive Comparison

For the Home Improvement Retail subindustry, Lowe's'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.

Lowe's 6-1 Month Momentum % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Lowe's's 6-1 Month Momentum % distribution charts can be found below:

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

Lowe's (FRA:LWE) 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.

Lowe's (FRA:LWE) 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.

Lowe's 6-1 Month Momentum % Related Terms

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

Lowe's (FRA:LWE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lowe's Companies Inc (FRA:LWE) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

LOW:USA LOW:Mexico LWE:Germany LOWC34:Brazil

Address

1000 Lowes Boulevard, Mooresville, NC, USA, 28117

Website

https://www.lowes.com

Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe's captures a low-double-digit share of the domestic home improvement market, based on U.S. Census data and management's market size estimates.

Lowe's (FRA:LWE) Headlines

No Headlines