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Skechers USA (Skechers USA) 6-1 Month Momentum %

: 24.11% (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 (2024-04-19), Skechers USA's 6-1 Month Momentum % is 24.11%.

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

SKX's 6-1 Month Momentum % is ranked better than
79.13% of 1169 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: -0.39 vs SKX: 24.11

Competitive Comparison

For the Footwear & Accessories subindustry, Skechers USA'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.


Skechers USA 6-1 Month Momentum % Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Skechers USA's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Skechers USA's 6-1 Month Momentum % falls into.



Skechers USA  (NYSE:SKX) 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.


Skechers USA  (NYSE:SKX) 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.


Skechers USA 6-1 Month Momentum % Related Terms

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Skechers USA (Skechers USA) Business Description

Traded in Other Exchanges
Address
228 Manhattan Beach Boulevard, Manhattan Beach, CA, USA, 90266
Skechers USA Inc is a lifestyle footwear company under the Skechers GO brand name. Products offered include various styles of women's shoes, men's shoes, girl's shoes, boy's shoes, performance shoes, and work shoes. Allied products offered are apparel, bags, eyewear, toys, and more. Its products are available for sale at department and specialty stores, athletic and independent retailers, boutiques, and internet retailers. The company's operating segments include Wholesale, and Direct-to-Consumer. It generates maximum revenue from the Wholesale segment.
Executives
Robert Greenberg director, 10 percent owner, officer: Chief Executive Officer SKECHERS USA INC, 228 MANHATTAN BEACH BLVD, MANHATTAN BEACH CA 90266
Michael Greenberg director, officer: President SKECHERS USA INC, 228 MANHATTAN BEACH BLVD, MANHATTAN BEACH CA 90266
Phillip Paccione officer: General Counsel & Secretary
Katherine J. Blair director 228 MANHATTAN BEACH BOULEVARD, MANHATTAN BEACH CA 90266
Richard Siskind director C/O R SISKIND & CO, 1385 BROADWAY, NEW YORK NY 10018
Mark A Nason officer: Executive VP
David Weinberg director, officer: Chief Operating Officer
Yolanda Macias director 228 MANHATTAN BEACH BLVD., MANHATTAN BEACH CA 90266
Zulema Garcia director 228 MANHATTAN BEACH BLVD., MANHATTAN BEACH CA 90266
Jeffrey Greenberg director
Thomas Walsh director 12548 W. FETLOCK TRAIL, PEORIA AZ 85383
Richard Rappaport director 1900 AVENUE OF THE STARS, SUITE 301, LOS ANGELES CA 90067
John M Vandemore officer: Chief Financial Officer 6355 S. BUFFALO DRIVE, LAS VEGAS NV 89521
Morton D Erlich director 228 MANHATTAN BEACH BLVD., MANHATTAN BEACH CA 90266
Geyer Kosinski director