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Cineplex (Cineplex) 6-1 Month Momentum % : -15.95% (As of May. 08, 2024)


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What is Cineplex 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 (2024-05-08), Cineplex's 6-1 Month Momentum % is -15.95%.

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

CPXGF's 6-1 Month Momentum % is ranked worse than
75.8% of 1062 companies
in the Media - Diversified industry
Industry Median: 0.735 vs CPXGF: -15.95

Competitive Comparison of Cineplex's 6-1 Month Momentum %

For the Entertainment subindustry, Cineplex'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.

Cineplex's 6-1 Month Momentum % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Cineplex's 6-1 Month Momentum % distribution charts can be found below:

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


Cineplex  (OTCPK:CPXGF) 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.

Cineplex  (OTCPK:CPXGF) 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.

Cineplex 6-1 Month Momentum % Related Terms

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Cineplex (Cineplex) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cineplex Inc (OTCPK:CPXGF) » Definitions » 6-1 Month Momentum %
Comparable Companies
TSX:WILD TSXV:TBRD TSX:CJR.B TSX:BRMI TSXV:OAM TSXV:QYOU TSXV:ZUM TSXV:ESE TSXV:NTE NEOE:AMEN NFLX DIS XAMS:UMG LYV WBD XPAR:BOL WMG FWONA FOXA NWSA
Traded in Other Exchanges
CX0:Germany CGX:Canada
Address
1303 Yonge Street, 2nd Floor, Toronto, ON, CAN, M4T 2Y9
Website
https://corp.cineplex.com
Cineplex Inc is a diversified media company that operates chains of movie theaters. The company has four reporting segments: film entertainment and content; media; amusement and leisure; and location-based entertainment. The film entertainment and content segment include revenue from theater attendance. The media segment includes cinema media and digital place-based media operations. The amusement and leisure reporting segment manages the operation and distribution of gaming and vending equipment. Formerly housed in the amusement and leisure segment, the location-based entertainment business derives revenue from entertainment restaurant chains like The Rec Room and Playdium. The film entertainment and content segment generates the majority of its revenue from audiences located in Canada.