6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-28), Intrepid Potash's 6-1 Month Momentum % is -8.68%.
The industry rank for Intrepid Potash's 6-1 Month Momentum % or its related term are showing as below:
IPI's 6-1 Month Momentum % is ranked worse than 65.02% of 263
companies
in the Agriculture industry
Industry Median: -2.1
vs IPI: -8.68
Competitive Comparison of Intrepid Potash's 6-1 Month Momentum %
For the Agricultural Inputs subindustry, Intrepid Potash'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.
Intrepid Potash's 6-1 Month Momentum % Distribution in the Agriculture Industry
For the Agriculture industry and Basic Materials sector, Intrepid Potash's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Intrepid Potash'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.
Intrepid Potash 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Intrepid Potash's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Intrepid Potash (Intrepid Potash) Business Description
Intrepid Potash Inc produces and sells potash and potash byproducts in three main product segments: Potash, Trio, and Oilfield solutions. The Potash segment produces and sells potash to the agricultural industry as a fertilizer input, the industrial market as a component of oil and gas drilling fluid, and the animal feed market as a nutrient supplement. The Trio segment produces and sells specialty fertilizer that consists of potassium, sulfate, and magnesium, and is mined from langbeinite ore. The oilfield solutions segment offers water, high-speed potassium chloride mixing services, salt water disposal services, and trucking services. The vast majority of revenue is generated in the United States, which is also the location of the firm's production facilities.
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