6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-25), PPG Industries's 6-1 Month Momentum % is 16.04%.
The industry rank for PPG Industries's 6-1 Month Momentum % or its related term are showing as below:
PPG's 6-1 Month Momentum % is ranked better than 73.49% of 1577
companies
in the Chemicals industry
Industry Median: 0.5
vs PPG: 16.04
Competitive Comparison of PPG Industries's 6-1 Month Momentum %
For the Specialty Chemicals subindustry, PPG Industries'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.
PPG Industries's 6-1 Month Momentum % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, PPG Industries's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where PPG Industries's 6-1 Month Momentum % falls into.
* 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.
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.
PPG Industries 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of PPG Industries's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
PPG Industries (PPG Industries) Business Description
PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.
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