Electricite de France (Electricite de France) 6-1 Month Momentum % : 3.03% (As of Apr. 27, 2024)

View and export this data going back to 2008. Start your Free Trial

What is Electricite de France 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), Electricite de France's 6-1 Month Momentum % is 3.03%.

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

ECIFY's 6-1 Month Momentum % is not ranked
in the Utilities - Regulated industry.
Industry Median: 1.49 vs ECIFY: 3.03

Competitive Comparison of Electricite de France's 6-1 Month Momentum %

For the Utilities - Diversified subindustry, Electricite de France'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.

Electricite de France's 6-1 Month Momentum % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Electricite de France's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Electricite de France's 6-1 Month Momentum % falls into.

Electricite de France (OTCPK:ECIFY) 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.

Electricite de France (OTCPK:ECIFY) 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.

Electricite de France 6-1 Month Momentum % Related Terms

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

Electricite de France (Electricite de France) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Electricite de France SA (OTCPK:ECIFY) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

22-30, Avenue de Wagram, Paris, FRA, 75382

Website

http://www.edf.com

Electricite de France is one of the world's largest energy companies, controlling the French power grid along with a massive global generation fleet. Its French nuclear fleet comprises 58 plants. It operates the largest power supply business in France, which acts as a broker between generators and retail end users, is a major renewable developer, and holds stakes in other energy businesses globally, including a small but growing Chinese footprint. With the acquisition of Areva's nuclear reactor unit in 2017, EDF became an integrated nuclear developer.