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Sulzer AG (XSWX:SUN) 6-1 Month Momentum %

: 19.91% (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 (2024-04-16), Sulzer AG's 6-1 Month Momentum % is 19.91%.

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

XSWX:SUN's 6-1 Month Momentum % is ranked better than
79.19% of 2984 companies
in the Industrial Products industry
Industry Median: -1.395 vs XSWX:SUN: 19.91

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Sulzer AG'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.


Sulzer AG 6-1 Month Momentum % Distribution

For the Industrial Products industry and Industrials sector, Sulzer AG's 6-1 Month Momentum % distribution charts can be found below:

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



Sulzer AG  (XSWX:SUN) 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.


Sulzer AG  (XSWX:SUN) 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.


Sulzer AG 6-1 Month Momentum % Related Terms

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Sulzer AG (XSWX:SUN) Business Description

Traded in Other Exchanges
Address
Neuwiesenstrasse 15, Winterthur, CHE, 8401
Sulzer AG specializes in pumping solutions, rotating equipment maintenance, and mixing technology. It serves customers operating in the oil and gas, power, and water markets. Pumping solutions focus on transporting and processing oil and derivatives, treating water, and renewable power generation. In addition, the company offers solutions for turbines, compressors, motors, and other rotating components and has technicians to provide maintenance. Sulzer's business segments include Flow Equipment, Services, Chemtech, and Others which primarily serve across the globe. While most of its revenues are generated from its Flow equipment and Services segment.

Sulzer AG (XSWX:SUN) Headlines