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), Campbell Soup Co's 6-1 Month Momentum % is 6.04%.
The industry rank for Campbell Soup Co's 6-1 Month Momentum % or its related term are showing as below:
CPB's 6-1 Month Momentum % is ranked better than 59.43% of 1994
companies
in the Consumer Packaged Goods industry
Industry Median: 0.9
vs CPB: 6.04
Competitive Comparison of Campbell Soup Co's 6-1 Month Momentum %
For the Packaged Foods subindustry, Campbell Soup Co'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.
Campbell Soup Co's 6-1 Month Momentum % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Campbell Soup Co's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Campbell Soup Co's 6-1 Month Momentum % falls into.
Campbell Soup Co (NYSE:CPB) 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.
Campbell Soup Co (NYSE:CPB) 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.
Campbell Soup Co 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Campbell Soup Co's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Campbell Soup Co (Campbell Soup Co) Business Description
With a history that dates back around 150 years, Campbell Soup is now a leading manufacturer and marketer of branded convenience food products, most notably soup. The firm's product assortment includes well-known brands like Campbell's, Pace, Prego, Swanson, V8, and Pepperidge Farm. Following the sale of its international snacking operations in calendar 2019, the firm derives nearly all of its sales from the United States. Campbell has made a handful of acquisitions to reshape its product mix in the past several years, including the tie-up with Snyder's-Lance in March 2018, which enhanced its exposure to the faster-growing on-trend snack food aisle, complementing its Pepperidge Farm lineup.
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