6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-24), The Kraft Heinz Co's 6-1 Month Momentum % is 13.06%.
The industry rank for The Kraft Heinz Co's 6-1 Month Momentum % or its related term are showing as below:
KHC's 6-1 Month Momentum % is ranked better than 71.04% of 1989
companies
in the Consumer Packaged Goods industry
Industry Median: 1.84
vs KHC: 13.06
Competitive Comparison of The Kraft Heinz Co's 6-1 Month Momentum %
For the Packaged Foods subindustry, The Kraft Heinz Co'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.
The Kraft Heinz Co's 6-1 Month Momentum % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Kraft Heinz Co's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where The Kraft Heinz Co's 6-1 Month Momentum % falls into.
The Kraft Heinz Co (NAS:KHC) 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.
The Kraft Heinz Co (NAS:KHC) 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.
The Kraft Heinz Co 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of The Kraft Heinz Co's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
The Kraft Heinz Co (The Kraft Heinz Co) Business Description
In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm operates a growing presence in the foodservice arena. Outside North America, Kraft Heinz's global reach counts a distribution network in Europe and emerging markets that drives 20%-25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
KHC has been successfully added to your