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), Graphic Packaging Holding Co's 6-1 Month Momentum % is 26.68%.
The industry rank for Graphic Packaging Holding Co's 6-1 Month Momentum % or its related term are showing as below:
GPK's 6-1 Month Momentum % is ranked better than 85.19% of 412
companies
in the Packaging & Containers industry
Industry Median: -0.605
vs GPK: 26.68
Competitive Comparison
For the Packaging & Containers subindustry, Graphic Packaging Holding 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.
Graphic Packaging Holding Co 6-1 Month Momentum % Distribution
For the Packaging & Containers industry and Consumer Cyclical sector, Graphic Packaging Holding Co's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Graphic Packaging Holding Co's 6-1 Month Momentum % falls into.
Graphic Packaging Holding Co (NYSE:GPK) 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.
Graphic Packaging Holding Co (NYSE:GPK) 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.
Graphic Packaging Holding Co 6-1 Month Momentum % Related Terms
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Graphic Packaging Holding Co (Graphic Packaging Holding Co) Business Description
Graphic Packaging Holding Co is a holding company that manufactures and sells a variety of paper-based consumer packaging products through its subsidiaries. The company's two primary functions include the sale of paperboard packaging and the operation of paperboard mills. The paperboard packaging business includes packaging for beverages, including beer and soft drinks as well as food, including cereal, frozen foods, and pet foods. The firm also sells paperboard packaging for household products, including dishwasher and laundry detergent and personal care products. Graphic Packaging operates papermills that sell laminated and coated packaging products to third parties. The majority of revenue comes from the Americas.
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