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Brown-Forman (Brown-Forman) 6-1 Month Momentum % : -8.86% (As of Apr. 27, 2024)


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What is Brown-Forman 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), Brown-Forman's 6-1 Month Momentum % is -8.86%.

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

BF.B's 6-1 Month Momentum % is ranked worse than
66.38% of 235 companies
in the Beverages - Alcoholic industry
Industry Median: -2.74 vs BF.B: -8.86

Competitive Comparison of Brown-Forman's 6-1 Month Momentum %

For the Beverages - Wineries & Distilleries subindustry, Brown-Forman'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.


Brown-Forman's 6-1 Month Momentum % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Brown-Forman's 6-1 Month Momentum % distribution charts can be found below:

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



Brown-Forman  (NYSE:BF.B) 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.


Brown-Forman  (NYSE:BF.B) 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.


Brown-Forman 6-1 Month Momentum % Related Terms

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


Brown-Forman (Brown-Forman) Business Description

Traded in Other Exchanges
Address
850 Dixie Highway, Louisville, KY, USA, 40210
Brown-Forman is a U.S.-based manufacturer of premium distilled spirits that generates close to 70% of revenues in the whiskey category, under well-known Tennessee whiskey brand Jack Daniel's and bourbon brands Woodford Reserve and Old Forester. It also manufactures and distributes tequila, vodka, rum, gin, and premium wines. The company generates 47% of sales from its home market, while the bulk of international revenues come from Europe, Australia, and Latin America. The Brown family controls over 50% of the economic interests and a 67% voting power of the company.
Executives
Elizabeth M Brown director 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Elizabeth A Smith director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mark A. Clouse director C/O MONDELEZ INTERNATIONAL, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Jeremy J Shepherd officer: VP, Pres, USA & Canada 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Crystal L Peterson officer: SVP, Chief Inclusion Officer 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Jan Singer director 2 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10016
Timothy M Nall officer: SVP CIO 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Leanne D Cunningham officer: SVP, Chief Fin Officer 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Matias Bentel officer: SVP, Chief Brands Officer 850 DIXIE HWY, LOUISVILLE KY 40210
Kelli Nelson officer: SVP, Chief Accounting Officer 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Mike J. Keyes officer: SVP, Chief Corporate Affairs 850 DIXIE HWY, LOUISVILLE KY 40210
Tracy L Skeans director 1441 GARDINER LANE, LOUISVILLE KY 40213
John V. Hayes officer: SVP, Chief Marketing Officer 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Michael Andrew Masick officer: VP DIR CORP STRATEGY 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Kathleen M. Gutmann director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328

Brown-Forman (Brown-Forman) Headlines

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