6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2022-08-11), Sanderson Farms's 6-1 Month Momentum % is 11.46%.
The industry rank for Sanderson Farms's 6-1 Month Momentum % or its related term are showing as below:
SAFM's 6-1 Month Momentum % is ranked better than 84.58% of 1919
companies
in the Consumer Packaged Goods industry
Industry Median: -8.37
vs SAFM: 11.46
Competitive Comparison
For the Packaged Foods subindustry, Sanderson Farms'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.
Sanderson Farms 6-1 Month Momentum % Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, Sanderson Farms's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Sanderson Farms'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.
Sanderson Farms 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Sanderson Farms's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sanderson Farms Inc is a dressed-chicken processor in the United States, producing and selling a variety of fresh, frozen, and value-added chicken products to grocers, food-service operators, and distributors. Most revenue is generated in the Southeastern, Southwestern, Northeastern, and Western United States. The company's product portfolio consists of tray packs and large birds, catering to grocery and food-service customers. It sells chill-packed, ice-packed, bulk-packed, and frozen chicken in whole, cut-up, and boneless form under the brand name Sanderson Farms to retailers, distributors, and casual dining operators in the United States.
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