Diamond Offshore Drilling (Diamond Offshore Drilling) 6-1 Month Momentum %

: -4.11% (As of Today)

View and export this data going back to 2022. Start your Free Trial

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-19), Diamond Offshore Drilling's 6-1 Month Momentum % is -4.11%.

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

DO's 6-1 Month Momentum % is ranked worse than
50.82% of 1092 companies
in the Oil & Gas industry
Industry Median: -3.7 vs DO: -4.11

Competitive Comparison

For the Oil & Gas Drilling subindustry, Diamond Offshore Drilling'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.

Diamond Offshore Drilling 6-1 Month Momentum % Distribution

For the Oil & Gas industry and Energy sector, Diamond Offshore Drilling's 6-1 Month Momentum % distribution charts can be found below:

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

Diamond Offshore Drilling (NYSE:DO) 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.

Diamond Offshore Drilling (NYSE:DO) 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.

Diamond Offshore Drilling 6-1 Month Momentum % Related Terms

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

Diamond Offshore Drilling (Diamond Offshore Drilling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Diamond Offshore Drilling Inc (NYSE:DO) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

DO10:Germany

Address

15415 Katy Freeway, Houston, TX, USA, 77094

Website

http://www.diamondoffshore.com

Diamond Offshore Drilling Inc is a leader in offshore drilling, providing contract drilling services to the energy industry around the globe with a total fleet of 12 offshore drilling rigs, consisting of eight semisubmersibles and four dynamically positioned drillships.

Executives

Dominic A Savarino	officer: VP and Chief Acct/Tax Officer	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Patrice D Douglas	director	1712 CROSSBOW, EDMOND OK 73034
Benjamin Duster	director	200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028
Ane Launy	director	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Patrick Carey Lowe	director	6 CHESTERFIELD GARDENS, 3RD FLOOR, LONDON X0 W1J 5BQ
Adam C Peakes	director	13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Bernie G. Wolford	director, officer: President and CEO	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 770904
Neal P Goldman	director	10700 PARKRIDGE BLVD., RESTON VA 20191
John Hollowell	director	ONE SHELL PLAZA, 910 LOUISIANA STREET, HOUSTON TX 77002
Raj Iyer	director	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Peter Mcteague	director	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Alan H Howard	director
Anatol Feygin	director	700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Scott Lee Kornblau	officer: Acting Chief Financial Officer	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Thomas Roth	officer: Senior Vice President	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094