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), Mondee Holdings's 6-1 Month Momentum % is -27.85%.
The industry rank for Mondee Holdings's 6-1 Month Momentum % or its related term are showing as below:
MOND's 6-1 Month Momentum % is ranked worse than 91.57% of 878
companies
in the Travel & Leisure industry
Industry Median: 3.045
vs MOND: -27.85
Competitive Comparison of Mondee Holdings's 6-1 Month Momentum %
For the Travel Services subindustry, Mondee Holdings'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.
Mondee Holdings's 6-1 Month Momentum % Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Mondee Holdings's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Mondee Holdings's 6-1 Month Momentum % falls into.
* 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.
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.
Mondee Holdings 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Mondee Holdings's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Mondee Holdings (Mondee Holdings) Business Description
Mondee Holdings Inc is a travel technology company & marketplace with a portfolio of leisure & corporate travel sectors. It provides platform technologies, operating systems, & services that enable travel transactions to serve travelers directly or through travel affiliates. It has two segments Travel Marketplace & SAAS Platform. The Travel Marketplace segment (transactional business serving the end travelers directly or through travel affiliates) consists of selling airline tickets through the proprietary platform. The SAAS Platform segment offers corporate travel cost savings solutions through its technology platform. The majority is from the Travel Marketplace segment. Geographically, the key revenue is from the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MOND has been successfully added to your