ASML Holding NV (WBO:ASML) 6-1 Month Momentum %

: 60.07% (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 (2024-04-23), ASML Holding NV's 6-1 Month Momentum % is 60.07%.

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

WBO:ASML's 6-1 Month Momentum % is ranked better than
89.78% of 969 companies
in the Semiconductors industry
Industry Median: 5.02 vs WBO:ASML: 60.07

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, ASML Holding NV'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.

ASML Holding NV 6-1 Month Momentum % Distribution

For the Semiconductors industry and Technology sector, ASML Holding NV's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where ASML Holding NV's 6-1 Month Momentum % falls into.

ASML Holding NV (WBO:ASML) 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.

ASML Holding NV (WBO:ASML) 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.

ASML Holding NV 6-1 Month Momentum % Related Terms

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ASML Holding NV (WBO:ASML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ASML Holding NV (WBO:ASML) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

ASMLF:USA ASML:USA ASML01:Thailand ASML:Poland ASML:Netherlands ASML1:Mexico ASML:Mexico ASML:Italy 0M42:UK ASMLa:UK 0QB8:UK ASME:Germany ASML34:Brazil ASMN:Austria

Address

De Run 6501, Veldhoven, NB, NLD, 5504 DR

Website

https://www.asml.com

ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's main clients are TSMC, Samsung, and Intel.