Symbotic (Symbotic) 6-1 Month Momentum % : 28.12% (As of Apr. 28, 2024)

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What is Symbotic 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 (2024-04-28), Symbotic's 6-1 Month Momentum % is 28.12%.

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

SYM's 6-1 Month Momentum % is ranked better than
78.8% of 2991 companies
in the Industrial Products industry
Industry Median: 3.45 vs SYM: 28.12

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

For the Specialty Industrial Machinery subindustry, Symbotic'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.

Symbotic's 6-1 Month Momentum % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Symbotic's 6-1 Month Momentum % distribution charts can be found below:

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

Symbotic (NAS:SYM) 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.

Symbotic (NAS:SYM) 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.

Symbotic 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Symbotic's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

Symbotic (Symbotic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Symbotic Inc (NAS:SYM) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

SYM:Mexico

Address

200 Research Drive, Wilmington, MA, USA, 01887

Website

https://www.symbotic.com

Symbotic Inc is an automation technology company that develops technologies to improve operating efficiencies in modern warehouses. The group develops, commercializes, and deploys innovative, end-to-end technology solutions that dramatically improve supply chain operations. Symbotic also automates the processing of pallets and cases in large warehouses or distribution centers for some of the retail and wholesale companies in the world. The company operates in two geographical regions the United States and Canada. Key revenue is generated from the United States.

Executives

Michael David Dunn	officer: See Remarks	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Todd Krasnow	director	C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Boyd William M Iii	officer: Chief Strategy Officer	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Rollin L. Ford	director	702 S.W. 8TH STREET, MAIL STOP # 0215, BENTONVILLE AR 72716-0215
Charles Kane	director	289 TURNPIKE RD, WESTBORO MA 01581
David A Ladensohn	10 percent owner	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Ernst Thomas C Jr	officer: Chief Financial Officer	2201 LAKESIDE BLVD., RICHARDSON TX 75082
Richard B Cohen	director, 10 percent owner, officer: See Remarks	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Janet L Cohen	10 percent owner	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Sunlight Investment Corp.	10 percent owner	300 EL CAMINO REAL, MENLO PARK CA 94025
Svf Ii Strategic Investments Aiv Llc	10 percent owner	300 EL CAMINO REAL, MENLO PARK CA 94025
Svf Ii Spac Investment 3 (de) Llc	10 percent owner	1 CIRCLE STAR WAY, SAN CARLOS CA 94070
Softbank Group Corp	10 percent owner	1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Northstar Gp Sb	10 percent owner	69 GROSVENOR STREET, LONDON X0 W1K 3JP
Sb Management Ltd	10 percent owner	9TH FLOOR, AL SILA TOWER, ADGM SQUARE, AL MARYAH ISLAND, ABU DHABI C0 NA