Graphite (Graphite) 6-1 Month Momentum % : N/A% (As of Apr. 27, 2024)

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What is Graphite 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 (2024-04-27), Graphite's 6-1 Month Momentum % is N/A%.

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

GRPH's 6-1 Month Momentum % is not ranked ^*
in the Chemicals industry.
Industry Median: -0.32
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Graphite's 6-1 Month Momentum %

For the Specialty Chemicals subindustry, Graphite'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.

Graphite's 6-1 Month Momentum % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Graphite's 6-1 Month Momentum % distribution charts can be found below:

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

Graphite (GREY:GRPH) 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.

Graphite (GREY:GRPH) 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.

Graphite 6-1 Month Momentum % Related Terms

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Graphite (Graphite) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Graphite Corp (GREY:GRPH) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

616 Corporate Way, Suite 2-9011, Valley Cottage, NY, USA, 10989

Website

http://grphcorp.com

Graphite Corp is a United States-based company engaged in the commercialization of nanomaterials through the use of proprietary manufacturing techniques for the production and sale of graphene flakes for use in composite materials and other applications and graphene-carbon nanotube hybrid material for use as an electrode. Graphene flakes are utilized as an additive and can be used in industries that manufacture microelectronics, coatings, and composites.