What is Sisecam Resources LP 6-1 Month Momentum %?
6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-12), Sisecam Resources LP's 6-1 Month Momentum % is 17.44%.
The industry rank for Sisecam Resources LP's 6-1 Month Momentum % or its related term are showing as below:
SIRE's 6-1 Month Momentum % is not ranked
in the Chemicals industry.
Industry Median: -0.145
vs SIRE: 17.44
Competitive Comparison of Sisecam Resources LP's 6-1 Month Momentum %
For the Chemicals subindustry, Sisecam Resources LP'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.
Sisecam Resources LP's 6-1 Month Momentum % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sisecam Resources LP's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Sisecam Resources LP'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.
Sisecam Resources LP 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Sisecam Resources LP's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sisecam Resources LP (Sisecam Resources LP) Business Description
Sisecam Resources LP is engaged in the production and sales of natural soda ash from its facility located in Green River, Wyoming. The company is a member of American Natural Soda Ash Corp, which manages soda ash supply chains. Geographically, the company segments are divided into two that are Domestic segment and International segment which includes ANSAC and Ciner Group.
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