NVE (NVEC) 6-1 Month Momentum % : 26.56% (As of Apr. 27, 2024)

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What is NVE 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), NVE's 6-1 Month Momentum % is 26.56%.

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

NVEC's 6-1 Month Momentum % is ranked better than
72.22% of 972 companies
in the Semiconductors industry
Industry Median: 5.91 vs NVEC: 26.56

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

For the Semiconductors subindustry, NVE'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.

NVE's 6-1 Month Momentum % Distribution in the Semiconductors Industry

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

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

NVE (NAS:NVEC) 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.

NVE (NAS:NVEC) 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.

NVE 6-1 Month Momentum % Related Terms

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NVE (NVEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » NVE Corp (NAS:NVEC) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

NVK:Germany

Address

11409 Valley View Road, Eden Prarie, MN, USA, 55344

Website

https://www.nve.com

NVE Corp develops and sells devices that use spintronics, a nanotechnology that relies on electron spin. It manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. The company's products include Digital sensors, Medical sensors, Rotation Sensors, GT Sensors, Angle Sensors, Analog sensors, MSOP Isolators, Passive-In Transceivers, and others. The company manufactures high-performance spintronic products including sensors and couplers. The company's designs are based on giant magnetoresistance GMR and tunneling magnetoresistance TMR combined with integrated circuitry.

Executives

Patricia M Hollister	director	3455 LYMAN BLVD, CHASKA MN 55318-3052
Daniel A Baker	director, officer: President and CEO	11409 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344-3617
Terrence Glarner	director	160 MONTROSE PLACE, ST. PAUL MN 55104
James W Bracke	director	15411 MASON POINTE, EDEN PRAIRIE MN 55347
Curt A Reynders	officer: Chief Financial Officer	11409 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344
James D Hartman	director
Richard W Kramp	director	174 STONEBRIDGE ROAD, ST. PAUL MN 55118
Gary R Maharaj	director	9924 WEST 74TH STREET, EDEN PRAIRIE MN 55344
Robert Irish	director	17910-39TH PLACE NORTH, PLYMOUTH MN 55446
Daughton James Dr	director, 10 percent owner, officer: Chief Technology Officer
Richard George	officer: Chief Financial Officer
Wells Fargo & Company/mn	10 percent owner	420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Partners Itasca	10 percent owner	3600 IDS CENTER, 80 SOUTH EIGHT ST, MINNEAPOLIS MN 55402
Norwest Equity Partners Iv Lp /mn/	10 percent owner	3600 IDS CENTER 80 SOUTH EIGHTH STREET, MINNEAPOLIS MN 554026
Still George J Jr	10 percent owner	NORWEST VENTURE PARTNERS, 525 UNIVERSITY AVENUE, SUITE 800, PALO ALTO CA 94301