Corby Spirit and Wine (TSX:CSW.A) 6-1 Month Momentum %

: -8.70% (As of Today)

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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-19), Corby Spirit and Wine's 6-1 Month Momentum % is -8.70%.

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

TSX:CSW.A's 6-1 Month Momentum % is ranked worse than
62.03% of 237 companies
in the Beverages - Alcoholic industry
Industry Median: -4.04 vs TSX:CSW.A: -8.70

Competitive Comparison

For the Beverages - Wineries & Distilleries subindustry, Corby Spirit and Wine'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.

Corby Spirit and Wine 6-1 Month Momentum % Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Corby Spirit and Wine's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Corby Spirit and Wine's 6-1 Month Momentum % falls into.

Corby Spirit and Wine (TSX:CSW.A) 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.

Corby Spirit and Wine (TSX:CSW.A) 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.

Corby Spirit and Wine 6-1 Month Momentum % Related Terms

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Corby Spirit and Wine (TSX:CSW.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Corby Spirit and Wine Ltd (TSX:CSW.A) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

CRBBF:USA CBYDF:USA CSW.B:Canada

Address

225 King Street West, Suite 1100, Toronto, ON, CAN, M5V 3M2

Website

https://www.corby.ca

Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer and importer of spirits and wines. The company derives its revenues from the sale of its owned-brands in Canada and other international markets, as well as earning commissions from the representation of selected non-owned brands in the Canadian marketplace. The company also supplements these primary sources of revenue with other ancillary activities incidental to its core business, such as logistics fees. The company has two reportable segments: Case Goods and Commissions. The Case Goods segment derives its revenue from the production and distribution of its owned beverage alcohol brands. The Commissions segment earns commission income from the representation of non-owned beverage alcohol brands in Canada.

Corby Spirit and Wine (TSX:CSW.A) Headlines

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