What is American States Water 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 (2024-04-27), American States Water Co's 6-1 Month Momentum % is -10.65%.
The industry rank for American States Water Co's 6-1 Month Momentum % or its related term are showing as below:
AWR's 6-1 Month Momentum % is ranked worse than 75.4% of 565
companies
in the Utilities - Regulated industry
Industry Median: 1.45
vs AWR: -10.65
Competitive Comparison of American States Water Co's 6-1 Month Momentum %
For the Utilities - Regulated Water subindustry, American States Water 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.
American States Water Co's 6-1 Month Momentum % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, American States Water Co's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where American States Water Co's 6-1 Month Momentum % falls into.
American States Water Co (NYSE:AWR) 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.
American States Water Co (NYSE:AWR) 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.
American States Water Co 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of American States Water Co's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
American States Water Co (American States Water Co) Business Description
American States Water Co is water and utilities holding company based in California. The segments of the firm include water, electric, and contracted services. Within these segments, American States Water conducts water and electric operations through Golden State Water Company and contracted services through American States Utility Services and its subsidiaries. Golden State Water conducts its operations across various counties in California and is regulated by the California Public Utilities Commission. American States Utility Services has contracted with the U.S. government to provide water services to various military installations. The majority of the company's revenue is derived from water services from commercial and residential customers.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AWR has been successfully added to your