Packaging of America (Packaging of America) 6-1 Month Momentum %

: 27.80% (As of Today)

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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-24), Packaging of America's 6-1 Month Momentum % is 27.80%.

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

PKG's 6-1 Month Momentum % is ranked better than
82.85% of 414 companies
in the Packaging & Containers industry
Industry Median: 1.59 vs PKG: 27.80

Competitive Comparison

For the Packaging & Containers subindustry, Packaging of America'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.

Packaging of America 6-1 Month Momentum % Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, Packaging of America's 6-1 Month Momentum % distribution charts can be found below:

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

Packaging of America (NYSE:PKG) 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.

Packaging of America (NYSE:PKG) 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.

Packaging of America 6-1 Month Momentum % Related Terms

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Packaging of America (Packaging of America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Packaging Corp of America (NYSE:PKG) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

PKA:Germany PKA:Germany

Address

1 North Field Court, Lake Forest, IL, USA, 60045

Website

https://www.packagingcorp.com

Packaging Corp of America is the third-largest containerboard and corrugated packaging manufacturer in the United States. It produces over 4 million tons of containerboard annually. The company's share of the domestic containerboard market is roughly 10%. The firm differentiates itself from larger competitors by focusing on smaller customers and operating with a high degree of flexibility.

Executives

Paul T Stecko	director, officer: Chairman/Chief Exec. Officer
Kent A. Pflederer	officer: VP, Gen. Counsel & Sec.	PACKAGING CORPORATION OF AMERICA, 1955 W. FIELD CT., LAKE FOREST IL 60645
Donald R. Shirley	officer: SVP	1 N. FIELD COURT, LAKE FOREST IL 60045
Bruce A Ridley	officer: SVP	1 N. FIELD CT, LAKE FOREST IL 60045
Robert Andrew Schneider	officer: SVP & CIO	1 N. FIELD CT, LAKE FOREST IL 60045
Thomas A Hassfurther	officer: Senior VP-Sales & Marketing	C/O PACKAGING CORPORATION OF AMERICA, 1900 WEST FIELD COURT, LAKE FOREST IL 60045
Charles J. Carter	officer: VP-Containerboard	1900 W. FIELD CT., LAKE FOREST IL 60045
Robert P. Mundy	officer: SVP	6775 LENOX CENTER COURT, SUITE 400, MEMPHIS TN 38115
Donna A. Harman	director	PACKAGING CORPORATION OF AMERICA, 1 N. FIELD CT., LAKE FOREST IL 60045
Darla J. Olivier	officer: SVP	1 N. FIELD CT., LAKE FOREST IL 60045
Walton Thomas W.h.	officer: SVP	C/O PACKAGING CORPORATION OF AMERICA, 1900 W. FIELD CT., LAKE FOREST IL 60045
Jeffrey S Kaser	officer: SVP	1 N FIELD CT, LAKE FOREST IL 60045
Robert C Lyons	director	500 WEST MONROE ST, CHICAGO IL 60661
Pamela A. Barnes	officer: SVP	1 N. FIELD CT, LAKE FOREST IL 60045
Samuel M Mencoff	director, 10 percent owner	BUCKEYE TECHNOLOGIES INC, 1001 TILLMAN STREET, MEMPHIS TN 38112