GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dogus Otomotiv Servis Ve Tic AS (IST:DOAS) » Definitions » 6-1 Month Momentum %

Dogus Otomotiv Servis Ve Tic AS (IST:DOAS) 6-1 Month Momentum % : 29.04% (As of May. 12, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Dogus Otomotiv Servis Ve Tic AS 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), Dogus Otomotiv Servis Ve Tic AS's 6-1 Month Momentum % is 29.04%.

The industry rank for Dogus Otomotiv Servis Ve Tic AS's 6-1 Month Momentum % or its related term are showing as below:

IST:DOAS's 6-1 Month Momentum % is ranked better than
84% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 1.25 vs IST:DOAS: 29.04

Competitive Comparison of Dogus Otomotiv Servis Ve Tic AS's 6-1 Month Momentum %

For the Auto & Truck Dealerships subindustry, Dogus Otomotiv Servis Ve Tic AS'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.


Dogus Otomotiv Servis Ve Tic AS's 6-1 Month Momentum % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dogus Otomotiv Servis Ve Tic AS's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Dogus Otomotiv Servis Ve Tic AS's 6-1 Month Momentum % falls into.



Dogus Otomotiv Servis Ve Tic AS  (IST:DOAS) 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.


Dogus Otomotiv Servis Ve Tic AS  (IST:DOAS) 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.


Dogus Otomotiv Servis Ve Tic AS 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Dogus Otomotiv Servis Ve Tic AS's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dogus Otomotiv Servis Ve Tic AS (IST:DOAS) Business Description

Traded in Other Exchanges
Address
Maslak Mahallesi, Ahi Evran Caddesi, Dogus Center Maslak, Number 4, IC Kapi Number 13, Sariyer, Istanbul, TUR
Dogus Otomotiv Servis Ve Tic AS is a Turkey-based distributor of Volkswagen AG and its activities include importing, marketing and selling automobiles and spare parts of Volkswagen Group brands. The company also operates in the used car market across Turkey throughout its dealer network.

Dogus Otomotiv Servis Ve Tic AS (IST:DOAS) Headlines

No Headlines