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OMNIQ (OMQS) 6-1 Month Momentum % : -11.62% (As of Apr. 27, 2024)


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What is OMNIQ 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 (2024-04-27), OMNIQ's 6-1 Month Momentum % is -11.62%.

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

OMQS's 6-1 Month Momentum % is ranked worse than
73.01% of 2801 companies
in the Software industry
Industry Median: 7.15 vs OMQS: -11.62

Competitive Comparison of OMNIQ's 6-1 Month Momentum %

For the Software - Application subindustry, OMNIQ'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.


OMNIQ's 6-1 Month Momentum % Distribution in the Software Industry

For the Software industry and Technology sector, OMNIQ's 6-1 Month Momentum % distribution charts can be found below:

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



OMNIQ  (NAS:OMQS) 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.


OMNIQ  (NAS:OMQS) 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.


OMNIQ 6-1 Month Momentum % Related Terms

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OMNIQ (OMQS) Business Description

Traded in Other Exchanges
N/A
Address
1865 West 2100 South, Salt Lake City, UT, USA, 84119
OMNIQ Corp provides computerized and machine vision image processing solutions that use patented and proprietary artificial intelligence (AI) technology to deliver data collection, real time surveillance and monitoring for supply chain management, homeland security, public safety, traffic and parking management and access control applications. The company provides products and solutions to two markets: supply chain management and smart/safe city.
Executives
Neev Nissenson director 42 CARRY WAY, CARSON CITY NV 89521
Mina Ayala Teicher director 22 VITKIN ST, TEL AVIV L3 63474
Guy Elhanani director 11 YOSEF NAKAR STREET, PETAH TIQVA L3 4977359
Itzhak Almog director 7/A MOLEDET ST, HOD HASHARON L3 45341
Shai Lustgarten director, officer: Chief Executive Officer 27, HAMETZUDA STREET, AZOR L3 5800171
Jason F Griffith director, officer: Chief Financial Officer 2580 ANTHEM VILLAGE DRIVE, HENDERSON NV 89052
Carlos Jaime Nissensohn 10 percent owner TRAVESA DE PRAIA 128, PRAIA DA LUZ S1 8600
Benjamin Kemper officer: Chief Financial Officer 1251 S. 1650 W, SYRACUSE UT 84075
Andrew J Macmillan director, officer: Chief Executive Officer NTS, INC., 5307 W. LOOP 289, LUBBOCK TX 79414
Yaron Shalem director 5 YISHAYAHU,, AURECH STREET,, TEL AVIV, L3 00000
Joseph Trombino officer: Chief Financial Officer 860 CONGER STREET, EUGENE OR 97402
Gilles Gaudreault director, officer: Chief Executive Officer 2580 ANTHEM VILLAGE DR., HENDERSON NV 89052
Viascan Group Inc. 10 percent owner 8102 TRANSCANADA HWY, ST-LAURENT A8 H751M5
Lewis William Austin Iv director 201 E 87TH STREET, APT 5H, NEW YORK NY 10128
Robert F. Shepard director 2580 ANTHEM VILLAGE DRIVE, HENDERSON NV 89052