GURUFOCUS.COM » STOCK LIST » USA » OTCPK » Compagnie Financiere Richemont SA (OTCPK:CFRHF) » Definitions » 6-1 Month Momentum %
Switch to:

Compagnie Financiere Richemont 6-1 Month Momentum %

: -25.74% (As of Today)
View and export this data going back to 2008. Start your Free Trial

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2022-08-18), Compagnie Financiere Richemont's 6-1 Month Momentum % is -25.74%.

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

CFRHF's 6-1 Month Momentum % is ranked worse than
65.77% of 1119 companies
in the Retail - Cyclical industry
Industry Median: -15.18 vs CFRHF: -25.74

Competitive Comparison

For the Luxury Goods subindustry, Compagnie Financiere Richemont'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.

   

Compagnie Financiere Richemont 6-1 Month Momentum % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Compagnie Financiere Richemont's 6-1 Month Momentum % distribution charts can be found below:

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



Compagnie Financiere Richemont  (OTCPK:CFRHF) 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.


Compagnie Financiere Richemont  (OTCPK:CFRHF) 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.


Compagnie Financiere Richemont 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Compagnie Financiere Richemont's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Compagnie Financiere Richemont Business Description

Compagnie Financiere Richemont logo
Address
50, Chemin de la Chenaie, CP 30, Bellevue, Geneva, CHE, 1293
Richemont is a luxury goods conglomerate with 20 brands. Jewellery and watch brands make up over 70% of sales, but the group is also active in accessories, writing instruments, clothing and online luxury retail. Richemont's Jewellery Maisons, including Cartier and Van Cleef & Arpels, account for 56% of revenue and over 95% of profits. Its other brands include Vacheron Constantin, Piaget, Jaeger-LeCoultre, IWC Schaffhausen, Lange & Soehne, Officine Panerai, and Montblanc. Online businesses include Yoox Net-a-Porter.

Compagnie Financiere Richemont Headlines

Other Sources

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)