AUTO1 Group (WBO:AG1) 6-1 Month Momentum % : -22.45% (As of May. 12, 2024)

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What is AUTO1 Group 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-12), AUTO1 Group's 6-1 Month Momentum % is -22.45%.

The industry rank for AUTO1 Group's 6-1 Month Momentum % or its related term are showing as below:

WBO:AG1's 6-1 Month Momentum % is ranked worse than
85.3% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 1.25 vs WBO:AG1: -22.45

Competitive Comparison of AUTO1 Group's 6-1 Month Momentum %

For the Auto & Truck Dealerships subindustry, AUTO1 Group'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.

AUTO1 Group's 6-1 Month Momentum % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, AUTO1 Group's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where AUTO1 Group's 6-1 Month Momentum % falls into.

AUTO1 Group (WBO:AG1) 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.

AUTO1 Group (WBO:AG1) 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.

AUTO1 Group 6-1 Month Momentum % Related Terms

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AUTO1 Group (WBO:AG1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » AUTO1 Group (WBO:AG1) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

AG1d:UK AG1:Germany

Address

Bergmannstrabe 72, Berlin, DEU, 10961

Website

https://www.auto1-group.com

AUTO1 Group is a digital automotive platform for buying and selling used cars online. It offers a quick and easy way for consumers and professional car dealers across continental Europe to sell and buy used cars at haggle-free prices through established platforms. Its operating segments are Merchant and Retail. In the Merchant segment, used cars are sold to commercial car dealers via thier own brand AUTO1.com. Merchant revenue also includes auction fees, fees for logistics services and all other fees in connection with the provision of vehicles to the dealers. The Retail segment is focused on the sale of used cars to private customers under the Autohero brand. Majority of revenue is generated from Merchant segment.

AUTO1 Group (WBO:AG1) Headlines

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