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), Ventyx Biosciences's 6-1 Month Momentum % is -61.22%.
The industry rank for Ventyx Biosciences's 6-1 Month Momentum % or its related term are showing as below:
VTYX's 6-1 Month Momentum % is ranked worse than 92.69% of 1519
companies
in the Biotechnology industry
Industry Median: 4.02
vs VTYX: -61.22
Competitive Comparison of Ventyx Biosciences's 6-1 Month Momentum %
For the Biotechnology subindustry, Ventyx 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.
Ventyx Biosciences's 6-1 Month Momentum % Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Ventyx Biosciences's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Ventyx 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.
Ventyx Biosciences 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Ventyx Biosciences's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ventyx Biosciences (Ventyx Biosciences) Business Description
Ventyx Biosciences Inc is a clinical-stage biopharmaceutical company focused on advancing new therapies for millions of patients living with inflammatory diseases and autoimmune disorders. Its lead product candidate VTX958 is an oral, selective clinical-stage tyrosine kinase type 2 (TYK2) inhibitor designed to inhibit TYK2 without detectable inhibition of other Janus kinase (JAK) isoforms, which avoids toxicities associated with broader JAK inhibition and, thus, other JAK inhibitors.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
VTYX has been successfully added to your