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Sonic 6-1 Month Momentum %

: 28.36% (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 (2022-08-12), Sonic's 6-1 Month Momentum % is 28.36%.

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

SONC's 6-1 Month Momentum % is not ranked
in the Restaurants industry.
Industry Median: -7.27 vs SONC: 28.36

Competitive Comparison

For the Restaurants subindustry, Sonic'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.

   

Sonic 6-1 Month Momentum % Distribution

For the Restaurants industry and Consumer Cyclical sector, Sonic's 6-1 Month Momentum % distribution charts can be found below:

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



Sonic  (NAS:SONC) 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.


Sonic  (NAS:SONC) 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.


Sonic 6-1 Month Momentum % Related Terms

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Sonic Business Description

Sonic logo
Traded in Other Exchanges
N/A
Address
Sonic Corp operates and franchises drive-in restaurants throughout the United States. The restaurants typically consist of a building that houses only a kitchen to go along with 16 to 24 parking spaces that have their own payment terminals, intercom speakers, and menu boards. Carhops serve customers in their cars. Many locations also have a drive-thru lane and patio seating as alternatives. Sonic franchises roughly 90% of its restaurants, and the royalty revenue the company earns on franchise sales contributes roughly a quarter of total company revenue. Company-operated stores provide the balance of total revenue. Sonic owns the property on which hundreds of its restaurants are located. For those properties that house franchised stores, franchisees lease from the company.
Executives
Davis Steven A director 3776 SOUTH HIGH ST COLUMBUS OH 43207
Hobart Lauren R director 345 COURT STREET CORAOPOLIS PA 15275
Bartel Tony director 625 WESTPORT PARKWAY GRAPEVINE TX 76051
Taylor Kathy L director C/O FREDERIC DORWART LAWYERS 124 EAST FOURTH STREET TULSA OK 74103
San Pedro Claudia officer: President 300 JOHNNY BENCH DRIVE OKLAHOMA CITY OK 73104
Lavelle Kate S director 24089 3RD STREET FAIRHOPE AL 36532
Pena Federico F director 711 HIGH STREET DES MOINES IA 50392-0300
Nichols J Larry director DEVON ENERGY CORP 20 NORTH BROADWAY STE 1500 OKLAHOMA CITY OK 73102-8260
Southeastern Asset Management Inc/tn/ 10 percent owner 6410 POPLAR AVENUE SUITE 900 MEMPHIS TN 38119
Longleaf Partners Funds Trust 10 percent owner C/O SOUTHEASTERN ASSET MANAGEMENT 6410 POPLAR AVE, SUITE 900 MEMPHIS TN 38119
Smith Todd Whitney officer: President and CMO 300 JOHNNY BENCH DRIVE OKLAHOMA CITY OK 73104
Miller Craig Jeffrey officer: Former Officer of Subsidiary 5008 HARTRIDGE WAY GREENSBORO NC 27407
Rosenberg Robert M director
Maples Michael J director 2208 WINDSOR ROAD AUSTIN TX 78703
Benham Douglas N director
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