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), SIFCO Industries's 6-1 Month Momentum % is -30.96%.
The industry rank for SIFCO Industries's 6-1 Month Momentum % or its related term are showing as below:
SIF's 6-1 Month Momentum % is ranked worse than 93.53% of 309
companies
in the Aerospace & Defense industry
Industry Median: 7.43
vs SIF: -30.96
Competitive Comparison of SIFCO Industries's 6-1 Month Momentum %
For the Aerospace & Defense subindustry, SIFCO Industries'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.
SIFCO Industries's 6-1 Month Momentum % Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, SIFCO Industries's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where SIFCO Industries'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.
SIFCO Industries 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of SIFCO Industries's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
SIFCO Industries (SIFCO Industries) Business Description
SIFCO Industries Inc is engaged in the production of forgings and machined components for the Aerospace and Energy, Defense and Commercial Space markets. Its processes and services include forging, heat-treating and machining. It serves original equipment manufacturers (OEM) as well as aftermarket customers. Its products are made of steel, stainless steel, titanium and aluminium and include OEM and aftermarket components for aircraft and industrial gas turbine engines, steam turbine blades, structural airframe components, aircraft landing gear components, aircraft wheels and brakes, critical rotating components for helicopters and industrial products. Substantial revenue is derived from North America as well as operates in Europe.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SIF has been successfully added to your