6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-11), Poshmark's 6-1 Month Momentum % is 76.11%.
The industry rank for Poshmark's 6-1 Month Momentum % or its related term are showing as below:
POSH's 6-1 Month Momentum % is not ranked
in the Retail - Cyclical industry.
Industry Median: 2.485
vs POSH: 76.11
Competitive Comparison of Poshmark's 6-1 Month Momentum %
For the Internet Retail subindustry, Poshmark'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.
Poshmark's 6-1 Month Momentum % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Poshmark's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Poshmark'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.
Poshmark 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Poshmark's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Poshmark is one of the largest players in a quickly growing e-commerce resale space, connecting more than 30 million active users on a platform that sells men's and women's apparel, accessories, shoes, and more recently consumer electronics and pet products. The marketplace operates in four countries--the U.S., Canada, Australia, and India--with a capital-light, peer-to-peer model that dovetails nicely with prevailing trends toward social commerce, apparel resale, and an ongoing pivot toward the e-commerce channel. With $1.8 billion in 2021 gross merchandise volume, or GMV, we estimate that the firm captured about 13%-14% of the domestic online resale market, with rolling lockdowns and tangled supply chains providing a meaningful impetus for channel trial during 2020 and 2021.
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