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), Kartoon Studios's 6-1 Month Momentum % is 26.17%.
The industry rank for Kartoon Studios's 6-1 Month Momentum % or its related term are showing as below:
TOON's 6-1 Month Momentum % is ranked better than 79.19% of 1062
companies
in the Media - Diversified industry
Industry Median: 4.095
vs TOON: 26.17
Competitive Comparison of Kartoon Studios's 6-1 Month Momentum %
For the Entertainment subindustry, Kartoon Studios'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.
Kartoon Studios's 6-1 Month Momentum % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Kartoon Studios's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Kartoon Studios'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.
Kartoon Studios 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Kartoon Studios's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kartoon Studios (Kartoon Studios) Business Description
Kartoon Studios Inc is a media company developing, producing, marketing, and licensing branded animated entertainment properties and consumer products for media and retail distribution. Its portfolio features programming for toddlers to tweens, including the preschool properties Rainbow Rangers for Nick Jr. and Llama Llama for Netflix, Stan Lee's Superhero Kindergarten, Shaq's Garage, toddler brand Baby Genius, STEM-based series Thomas Edison's Secret Lab, Warren Buffett's Secret Millionaires Club, and the new preschool show, Stan Lee's Superhero Kindergarten. The company's channel is available on television and mobile devices through distribution platforms, including Comcast, Cox, DISH, Sling TV, Apple TV, Roku, Android TV, Tubi, Xumo, and Amazon Fire.
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