Sanmina (Sanmina) 6-1 Month Momentum % : 20.32% (As of Apr. 26, 2024)

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What is Sanmina 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-26), Sanmina's 6-1 Month Momentum % is 20.32%.

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

SANM's 6-1 Month Momentum % is ranked better than
72.83% of 2470 companies
in the Hardware industry
Industry Median: 3.885 vs SANM: 20.32

Competitive Comparison of Sanmina's 6-1 Month Momentum %

For the Electronic Components subindustry, Sanmina'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.

Sanmina's 6-1 Month Momentum % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sanmina's 6-1 Month Momentum % distribution charts can be found below:

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

Sanmina (NAS:SANM) 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.

Sanmina (NAS:SANM) 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.

Sanmina 6-1 Month Momentum % Related Terms

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Sanmina (Sanmina) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sanmina Corp (NAS:SANM) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

SAYN:Germany SAYN:Germany

Address

2700 North First Street, San Jose, CA, USA, 95134

Website

https://www.sanmina.com

Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense and aerospace end markets. The company operates in two business segments: Integrated Manufacturing Solutions, which consists of printed circuit board assembly and represents a majority of the firm's revenue; and Components, Products, and Services, which includes interconnect systems and mechanical systems. The firm generates revenue primarily in the United States, China, and Mexico, but has a presence around the world.

Executives

Eugene A Delaney	director	1303 E ALGONQUIN RD, SCHAUMBURG IL 60196
Hedley David V Iii	director	2700 NORTH FIRST STREET, SAN JOSE CA 95134
Alan Mcwilliams Reid	officer: Exec VP,Global Human Resources	2700 NORTH FIRST STREET, SAN JOSE CA 95134
Jure Sola	director, officer: Chairman and CEO	14899 GRANITE WAY, SARATOGA CA 95070
Mythili Sankaran	director	27000 NORTH FIRST STREET, SAN JOSE CA 95134
Susan K Barnes	director
Charlie Mason	officer: EVP, Integrated Mfg Services	2700 NORTH FIRST STREET, SAN JOSE CA 95134
Brent Billinger	officer: SVP & Corp Controller	2700 NORTH FIRST STREET, SAN JOSE CA 95134
John Goldsberry	director	C/O GATEWAY, INC, 7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Kurt Adzema	officer: EVP & CFO	1389 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Susan A Johnson	director	2700 NORTH FIRST STREET, SAN JOSE CA 95134
Jackie M Ward	director	SYSCO CORPORATION, 1390 ENCLAVE PARWAY, HOUSTON TX 77077
Mario M Rosati	director	650 PAGE MILL RD, PALO ALTO CA 94304
Dennis Young	officer: Exec VP Worldwide Sales	246 OVERALL PHILLIPS ROAD, ELIZABETH TOWN KY 42701
Rita S. Lane	director	1303 E. ALGONQUIN ROAD, SCHAUMBURG IL 60196