6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-29), Arcadia Biosciences's 6-1 Month Momentum % is -40.05%.
The industry rank for Arcadia Biosciences's 6-1 Month Momentum % or its related term are showing as below:
RKDA's 6-1 Month Momentum % is ranked worse than 95.73% of 1990
companies
in the Consumer Packaged Goods industry
Industry Median: 1.825
vs RKDA: -40.05
Competitive Comparison of Arcadia Biosciences's 6-1 Month Momentum %
For the Packaged Foods subindustry, Arcadia Biosciences'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.
Arcadia Biosciences's 6-1 Month Momentum % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Arcadia Biosciences's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Arcadia Biosciences'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.
Arcadia Biosciences 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Arcadia Biosciences's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Arcadia Biosciences (Arcadia Biosciences) Business Description
Arcadia Biosciences Inc is a producer and marketer of innovative, plant-based food and beverage products. It is engaged in science-based approaches to developing high-value crop improvements primarily in wheat, soy, and hemp, designed to enhance farm economics by improving the performance of crops in the field, as well as their value as food ingredients, health, and wellness products, and their viability for industrial applications. The company's consumer brands in the food, beverage, and body care categories include GoodWheat high-fiber pasta, Zola coconut water, ProVault topical pain relief, and SoulSpring bath and body care.
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