Enel Americas (XSGO:ENELAM) 6-1 Month Momentum %

: -2.04% (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), Enel Americas's 6-1 Month Momentum % is -2.04%.

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

XSGO:ENELAM's 6-1 Month Momentum % is ranked worse than
54.95% of 566 companies
in the Utilities - Regulated industry
Industry Median: 0.11 vs XSGO:ENELAM: -2.04

Competitive Comparison

For the Utilities - Regulated Electric subindustry, Enel Americas'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.

Enel Americas 6-1 Month Momentum % Distribution

For the Utilities - Regulated industry and Utilities sector, Enel Americas's 6-1 Month Momentum % distribution charts can be found below:

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

Enel Americas (XSGO:ENELAM) 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.

Enel Americas (XSGO:ENELAM) 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.

Enel Americas 6-1 Month Momentum % Related Terms

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Enel Americas (XSGO:ENELAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Enel Americas SA (XSGO:ENELAM) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Santa Rosa 76, Santiago, CHL, 1557

Website

https://www.enelamericas.com

Enel Americas has electricity generation, transmission, and distribution businesses in Argentina, Brazil, Colombia, Peru, Guatemala, Panama, and Costa Rica. As of December 31, 2021, company had 15,926 MW of net installed generation capacity and approximately 26.2 million distribution customers. The net installed generation capacity is comprised of 248 generation units, of which 42.3% are hydroelectric, 31.4% are thermal, 14.4% are wind, and 11.9% are solar power plants. As of and for the year ended December 31, 2021, company had consolidated assets of US$ 34,959 million and operating revenues of US$ 16,192 million.

Enel Americas (XSGO:ENELAM) Headlines

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