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), Via Renewables's 6-1 Month Momentum % is 87.93%.
The industry rank for Via Renewables's 6-1 Month Momentum % or its related term are showing as below:
VIA's 6-1 Month Momentum % is ranked better than 97.52% of 565
companies
in the Utilities - Regulated industry
Industry Median: 1.49
vs VIA: 87.93
Competitive Comparison of Via Renewables's 6-1 Month Momentum %
For the Utilities - Regulated Electric subindustry, Via Renewables'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.
Via Renewables's 6-1 Month Momentum % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Via Renewables's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Via Renewables's 6-1 Month Momentum % falls into.
Via Renewables (NAS:VIA) 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.
Via Renewables (NAS:VIA) 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.
Via Renewables 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Via Renewables's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Via Renewables (Via Renewables) Business Description
Via Renewables Inc is an independent retail energy services company. It provides residential and commercial customers in competitive markets across the United States with an alternative choice for natural gas and electricity. Via Renewables offers its customers a variety of product and service choices, including stable and predictable energy costs and green product alternatives. Its segments are Retail Electricity and Retail Natural Gas. The key revenue is derived from the Retail Electricity segment in which the company purchase electricity supply through physical and financial transactions with market counterparties and ISOs and supplies electricity to residential and commercial consumers pursuant to fixed-price and variable-price contracts.
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