George Weston (TSX:WN.PR.E.PFD) 6-1 Month Momentum %

: 6.66% (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 (2024-04-18), George Weston's 6-1 Month Momentum % is 6.66%.

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

TSX:WN.PR.E.PFD's 6-1 Month Momentum % is ranked better than
76.06% of 330 companies
in the Retail - Defensive industry
Industry Median: 3.755 vs TSX:WN.PR.E.PFD: 6.66

Competitive Comparison

For the Grocery Stores subindustry, George Weston'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.

George Weston 6-1 Month Momentum % Distribution

For the Retail - Defensive industry and Consumer Defensive sector, George Weston's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where George Weston's 6-1 Month Momentum % falls into.

George Weston (TSX:WN.PR.E.PFD) 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.

George Weston (TSX:WN.PR.E.PFD) 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.

George Weston 6-1 Month Momentum % Related Terms

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George Weston (TSX:WN.PR.E.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » George Weston Ltd (TSX:WN.PR.E.PFD) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

WNGRF:USA WN.PR.D.PFD:Canada WN.PR.C.PFD:Canada WN.PR.A.PFD:Canada WN:Canada

Address

22 St. Clair Avenue East, Suite 1901, Toronto, ON, CAN, M4T 2S7

Website

https://www.weston.ca

George Weston is a holding company that controls a 53% stake in retailer Loblaw and a 62% stake in Choice Properties, a real estate investment trust. Loblaw boasts the largest retail footprint across Canada with 2,500 food retail and pharmacy stores under banners such as Loblaw, No-Frills, Maxi, and Shoppers Drug Mart. Meanwhile, open-ended Choice Properties REIT owns and manages 702 commercial and residential properties in Canada, generating 57% of its gross rental revenue from its largest tenant Loblaw. Previously, George Weston sold its wholly owned bakery Weston Foods in 2022. The firm is controlled by the Weston family, which owns a 65% stake.

George Weston (TSX:WN.PR.E.PFD) Headlines

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