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Quantafuel AS (Quantafuel AS) 6-1 Month Momentum % : 35.14% (As of May. 13, 2024)


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What is Quantafuel 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 (2024-05-13), Quantafuel AS's 6-1 Month Momentum % is 35.14%.

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

QNTFF's 6-1 Month Momentum % is not ranked
in the Waste Management industry.
Industry Median: -1.15 vs QNTFF: 35.14

Competitive Comparison of Quantafuel AS's 6-1 Month Momentum %

For the Waste Management subindustry, Quantafuel 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.


Quantafuel AS's 6-1 Month Momentum % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Quantafuel AS's 6-1 Month Momentum % distribution charts can be found below:

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



Quantafuel AS  (OTCPK:QNTFF) 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.


Quantafuel AS  (OTCPK:QNTFF) 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.


Quantafuel AS 6-1 Month Momentum % Related Terms

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Quantafuel AS (Quantafuel AS) Business Description

Traded in Other Exchanges
Address
Lilleakerveien 2C, Oslo, NOR, 0283
Quantafuel AS is a Norwegian technology company that develops, designs, and operates production facilities to produce synthetic fuels and chemical products based on non-recyclable waste. The company converts waste plastic into low-carbon synthetic oil products replacing virgin oil products.

Quantafuel AS (Quantafuel AS) Headlines

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