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), Lakeland Industries's 6-1 Month Momentum % is 4.69%.
The industry rank for Lakeland Industries's 6-1 Month Momentum % or its related term are showing as below:
LAKE's 6-1 Month Momentum % is ranked better than 55.96% of 1174
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.855
vs LAKE: 4.69
Competitive Comparison of Lakeland Industries's 6-1 Month Momentum %
For the Apparel Manufacturing subindustry, Lakeland Industries'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.
Lakeland Industries's 6-1 Month Momentum % Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lakeland Industries's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Lakeland Industries'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.
Lakeland Industries 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Lakeland Industries's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Lakeland Industries (Lakeland Industries) Business Description
Lakeland Industries Inc manufactures and sells safety garments and accessories for the industrial protective clothing market. Its product segments include Disposables, Chemicals, Fire, Gloves, High Visibility, High-Performance Wear, and Wovens. Its customers include integrated oil, chemical/petrochemical, utilities, automobile, steel, glass, construction, smelting, munition plants, janitorial, pharmaceutical, and mortuaries, as well as scientific and medical laboratories. The company's geographical segments include the United States, Latin America, Canada, Asia, Mexico, Europe (United Kingdom), and Other Foreign.
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