6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-25), Centrus Energy's 6-1 Month Momentum % is -22.48%.
The industry rank for Centrus Energy's 6-1 Month Momentum % or its related term are showing as below:
LEU's 6-1 Month Momentum % is ranked worse than 85.31% of 177
companies
in the Other Energy Sources industry
Industry Median: 1.39
vs LEU: -22.48
Competitive Comparison of Centrus Energy's 6-1 Month Momentum %
For the Uranium subindustry, Centrus Energy'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.
Centrus Energy's 6-1 Month Momentum % Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Centrus Energy's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Centrus Energy's 6-1 Month Momentum % falls into.
Centrus Energy (AMEX:LEU) 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.
Centrus Energy (AMEX:LEU) 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.
Centrus Energy 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Centrus Energy's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Centrus Energy (Centrus Energy) Business Description
Centrus Energy Corp is engaged in the supply of nuclear fuel and services for the nuclear power industry. It operates through the Low-Enriched Uranium (LEU) and Technical solutions segments. The LEU segment has two components which include the sale of separative work units and uranium. The Technical Solutions segment provides advanced engineering, design, and manufacturing services to government and private sector customers. The majority of the firm's revenue gets derived from the LEU segment. It has a business presence in the U.S. and other countries, of which prime revenue is generated in the U.S.
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