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Altice Europe NV 6-1 Month Momentum %

: 46.10% (As of Today)
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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2022-08-13), Altice Europe NV's 6-1 Month Momentum % is 46.10%.

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

LTS:0RAL's 6-1 Month Momentum % is not ranked
in the Telecommunication Services industry.
Industry Median: -11.41 vs LTS:0RAL: 46.10

Competitive Comparison

For the Telecom Services subindustry, Altice Europe NV'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.


Altice Europe NV 6-1 Month Momentum % Distribution

For the Telecommunication Services industry and Communication Services sector, Altice Europe NV's 6-1 Month Momentum % distribution charts can be found below:

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

Altice Europe NV  (LTS:0RAL) 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.

Altice Europe NV  (LTS:0RAL) 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.

Altice Europe NV 6-1 Month Momentum % Related Terms

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Altice Europe NV Business Description

Altice Europe NV logo
Traded in Other Exchanges
Oostdam 1, Woerden, NLD, 3441 EM
Altice Europe NV is engaged in telecom, content, media, entertainment and advertising. The company delivers products and solutions over fibre networks and mobile broadband. It is also a provider of enterprise digital solutions to business customers. The company's segments areFrance, Portugal, Israel, Dominican Republic, Teads, Altice TV, and Others.

Altice Europe NV Headlines

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