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Cedar Fair LP (Cedar Fair LP) 6-1 Month Momentum % : 18.99% (As of Apr. 29, 2024)


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What is Cedar Fair LP 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), Cedar Fair LP's 6-1 Month Momentum % is 18.99%.

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

FUN's 6-1 Month Momentum % is ranked better than
70.24% of 877 companies
in the Travel & Leisure industry
Industry Median: 4.59 vs FUN: 18.99

Competitive Comparison of Cedar Fair LP's 6-1 Month Momentum %

For the Leisure subindustry, Cedar Fair LP'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.


Cedar Fair LP's 6-1 Month Momentum % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Cedar Fair LP's 6-1 Month Momentum % distribution charts can be found below:

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



Cedar Fair LP  (NYSE:FUN) 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.


Cedar Fair LP  (NYSE:FUN) 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.


Cedar Fair LP 6-1 Month Momentum % Related Terms

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


Cedar Fair LP (Cedar Fair LP) Business Description

Traded in Other Exchanges
N/A
Address
One Cedar Point Drive, Sandusky, OH, USA, 44870-5259
Cedar Fair LP operates amusement park-resorts located in various states across USA and Canada. All their parks have facilities for people from all age groups as well as exciting rides and attractions. The Partnership's portfolio of parks includes Cedar Point, Kings Island, Canada's Wonderland, Dorney Park and the Wildwater Kingdom, Valleyfair, Michigan's Adventure, Kings Dominion, Carowinds, Worlds of Fun, Knott's Berry Farm, and California's Great America. Other than these parks, the partnership also holds a contract to operate a few other parks. Revenues are obtained from amounts paid to gain admission to parks including parking fees, extra-charge attractions, and others.
Executives
Nina Barton director ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Monica Sauls officer: Senior VP CHRO ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Jennifer Mason director C/O CEDAR FAIR, 8701 RED OAK BLVD., CHARLOTTE NC 28217
Michelle M Frymire director C/O SPIRIT REALTY CAPITAL, INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Daniel J Hanrahan director ROYAL CARIBBEAN CRUISES LTD, 1050 CARIBBEAN WAY, MIAMI FL 33132
Brian Nurse officer: Exec VP, Chief Legal Officer ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Matthew A Ouimet officer: President ONE CEDAR POINT DR., SANDUSKY OH 44870
Louis Carr director ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Carlos Ruisanchez director C/O PINNACLE ENTERTAINMENT INC, 3980 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
Tim Fisher officer: Chief Operating Officer ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Craig Heckman officer: SVP, Human Resources ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Brian C Witherow officer: V.P. & Corporate Controller ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
David R. Hoffman officer: VP of Finance & Corp Tax ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Milkie Duffield officer: V.P. & General Counsel ONE CEDAR POINT DR, SANDUSKY OH 44870
Richard Zimmerman officer: VP & GM - Great America ONE CEDAR POINT DRIVE, SANDUSKY OH 44870