6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-26), Toast's 6-1 Month Momentum % is 43.72%.
The industry rank for Toast's 6-1 Month Momentum % or its related term are showing as below:
TOST's 6-1 Month Momentum % is ranked better than 82.61% of 2807
companies
in the Software industry
Industry Median: 6.02
vs TOST: 43.72
Competitive Comparison of Toast's 6-1 Month Momentum %
For the Software - Infrastructure subindustry, Toast'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.
Toast's 6-1 Month Momentum % Distribution in the Software Industry
For the Software industry and Technology sector, Toast's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Toast'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.
Toast 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Toast's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Toast is a U.S.-based restaurant technology company that provides point-of-sale, payment processing, and various software services to 99,000 restaurant locations across the United States at the end of September 2023. The firm generates sales from software subscription fees, as a percentage take rate from each financial transaction it processes, from loan origination and servicing fees from its Toast Capital arm, and from hardware installation and professional services. Unlike competitors, Toast intermediates every payment transaction on its platform, processing some $92 billion in gross platform volume in 2022. The firm's product offerings span point-of-sale systems, inventory and payroll management, delivery integration, e-commerce ordering, reservation management, and loyalty programs.
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