What is Neptune Wellness Solutions 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 (2024-04-27), Neptune Wellness Solutions's 6-1 Month Momentum % is -87.80%.
The industry rank for Neptune Wellness Solutions's 6-1 Month Momentum % or its related term are showing as below:
NEPTF's 6-1 Month Momentum % is ranked worse than 99.19% of 1112
companies
in the Drug Manufacturers industry
Industry Median: 3.415
vs NEPTF: -87.80
Competitive Comparison of Neptune Wellness Solutions's 6-1 Month Momentum %
For the Drug Manufacturers - Specialty & Generic subindustry, Neptune Wellness Solutions'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.
Neptune Wellness Solutions's 6-1 Month Momentum % Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Neptune Wellness Solutions's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Neptune Wellness Solutions'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.
Neptune Wellness Solutions 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Neptune Wellness Solutions's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Neptune Wellness Solutions (Neptune Wellness Solutions) Business Description
Neptune Wellness Solutions Inc is a consumer-packaged goods company that aims to innovate health and wellness products. It focuses on developing a portfolio of high-quality, affordable consumer products that align with the latest market trends for natural, sustainable, plant-based and purpose-driven lifestyle brands. The company's products are available in more than 27,000 retail locations and include well-known organic food and beverage brands such as Sprout Organics, Nosh, and Nurturme, as well as nutraceuticals brands like Biodroga and Forest Remedies. With its efficient and adaptable manufacturing and supply chain infrastructure, the company can quickly respond to consumer demand, and introduce new products through retail partners and e-commerce channels.
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