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Woodward (Woodward) 6-1 Month Momentum % : 11.51% (As of May. 17, 2024)


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What is Woodward 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 (2024-05-17), Woodward's 6-1 Month Momentum % is 11.51%.

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

WWD's 6-1 Month Momentum % is ranked better than
57.1% of 310 companies
in the Aerospace & Defense industry
Industry Median: 5.465 vs WWD: 11.51

Competitive Comparison of Woodward's 6-1 Month Momentum %

For the Aerospace & Defense subindustry, Woodward'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.


Woodward's 6-1 Month Momentum % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Woodward's 6-1 Month Momentum % distribution charts can be found below:

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



Woodward  (NAS:WWD) 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.


Woodward  (NAS:WWD) 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.


Woodward 6-1 Month Momentum % Related Terms

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


Woodward (Woodward) Business Description

Traded in Other Exchanges
Address
1081 Woodward Way, Fort Collins, CO, USA, 80524
Woodward Inc is an independent designer, manufacturer, and service provider of control solutions for the aerospace and industrial markets. It designs, produces, and service reliable, efficient, low-emission, and high-performance energy control products for diverse applications in challenging environments. The company holds production and assembly facilities primarily in the United States, Europe, and Asia, and promotes products and services through worldwide locations.
Executives
Randall Hobbs officer: President, Industrial 1081 WOODWARD WAY, FORT COLLINS CO 80524
John D Cohn director C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Ronald M Sega director 10877 WILSHIRE BLVD, SUITE 710, LOS ANGELES CA 90024
Christopher Fawzy officer: VP, Gen Counsel & Corp Sec 201 MENTOR DRIVE, SANTA BARBARA CA 93111
Rajeev Bhalla director 1081 WOODWARD WAY, FORT COLLINS CO 80524
Mary D Petryszyn director 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Tana Leigh Utley director C/O SPX TECHNOLOGIES, INC., 6325 ARDREY KELL ROAD, SUITE 400, CHARLOTTE NC 28277
Gregg C Sengstack director FRANKLIN ELECTRIC CO INC, 9255 COVERDALE RD, FORT WAYNE IN 46809
William F. Lacey officer: CFO 1081 WOODWARD WAY, FORT COLLINS CO 80524
Charles P Blankenship director, officer: CEO and President 1081 WOODWARD WAY, FORT COLLINS CO 80524
Mark D Hartman officer: Chief Financial Officer 1081 WOODWARD WAY, FORT COLLINS CO 80524
Paul Donovan director PO BOX 7003, ROCKFORD IL 61125-7003
David P Hess director 390 PARK AVENUE, NEW YORK NY 10022
Mary L Petrovich director
Daniel G. Korte director C/O LMI AEROSPACE, INC., 411 FOUNTAIN LAKE BLVD., ST. CHARLES MO 63301

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