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), GSI Technology's 6-1 Month Momentum % is 41.08%.
The industry rank for GSI Technology's 6-1 Month Momentum % or its related term are showing as below:
GSIT's 6-1 Month Momentum % is ranked better than 80.97% of 972
companies
in the Semiconductors industry
Industry Median: 5.91
vs GSIT: 41.08
Competitive Comparison of GSI Technology's 6-1 Month Momentum %
For the Semiconductors subindustry, GSI Technology'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.
GSI Technology's 6-1 Month Momentum % Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, GSI Technology's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where GSI Technology's 6-1 Month Momentum % falls into.
* 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.
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.
GSI Technology 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of GSI Technology's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
GSI Technology (GSI Technology) Business Description
GSI Technology Inc is a provider of semiconductor memory solutions. The company develops and markets high-performance memory products, including Very Fast static random access memory, or SRAM, that are incorporated in high-performance networking and telecommunications equipment, such as routers, switches, wide area network infrastructure equipment, wireless base stations, and network access equipment. It sells these products to original equipment manufacturers, and customers including Nokia. In addition, it serves the ongoing needs of the military, aerospace, industrial, test and measurement equipment, and automotive and medical markets for high-performance SRAMs. It operates geographically in China, Singapore, the Netherlands, Germany, Rest of the world, and the United States.
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