6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-02), V2X's 6-1 Month Momentum % is -10.65%.
The industry rank for V2X's 6-1 Month Momentum % or its related term are showing as below:
VVX's 6-1 Month Momentum % is ranked worse than 74.19% of 310
companies
in the Aerospace & Defense industry
Industry Median: 8.705
vs VVX: -10.65
Competitive Comparison of V2X's 6-1 Month Momentum %
For the Aerospace & Defense subindustry, V2X'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.
V2X's 6-1 Month Momentum % Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, V2X's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where V2X's 6-1 Month Momentum % falls into.
V2X (NYSE:VVX) 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.
V2X (NYSE:VVX) 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.
V2X 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of V2X's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
V2X Inc is a U.S.-based company that provides services to the U.S. government. It operates as one segment and offers facility and logistics services and information technology mission support and engineering and digital integration services. The information technology and network communications capabilities consist of communications systems operations and maintenance, management and service support, systems installation and activation, system-of-systems engineering and software development, and mission support for the department of defense. The facility and logistics service include airfield management, ammunition management, civil engineering, communications, emergency services, life support activities, public works, security, transportation operations, and others.
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