GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Samsung Electronics Co Ltd (XKRX:005935) » Definitions » 6-1 Month Momentum %

Samsung Electronics Co (XKRX:005935) 6-1 Month Momentum % : -21.93% (As of Oct. 31, 2024)


View and export this data going back to 1975. Start your Free Trial

What is Samsung Electronics Co 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 (2024-10-31), Samsung Electronics Co's 6-1 Month Momentum % is -21.93%.

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

XKRX:005935's 6-1 Month Momentum % is ranked worse than
82.62% of 2462 companies
in the Hardware industry
Industry Median: -0.57 vs XKRX:005935: -21.93

Competitive Comparison of Samsung Electronics Co's 6-1 Month Momentum %

For the Consumer Electronics subindustry, Samsung Electronics Co'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.


Samsung Electronics Co's 6-1 Month Momentum % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Samsung Electronics Co's 6-1 Month Momentum % distribution charts can be found below:

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



Samsung Electronics Co  (XKRX:005935) 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.


Samsung Electronics Co  (XKRX:005935) 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.


Samsung Electronics Co 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Samsung Electronics Co's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Samsung Electronics Co Business Description

Address
129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, KOR, 443-742
Samsung Electronics is a diversified electronics conglomerate that manufactures and sells a wide range of products, including smartphones, semiconductor chips, printers, home appliances, medical equipment, and telecom network equipment. More than half of its profit is generated from semiconductor business, and a further 20-25% is generated from its mobile handset business, although these percentages vary with the fortunes of each of these businesses. It is the largest smartphone and television manufacturer in the world, which helps provide a base demand for its component businesses, such as memory chips and displays, and is also the largest manufacturer of these globally.

Samsung Electronics Co Headlines

No Headlines