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M-Tron Industries (M-Tron Industries) 6-1 Month Momentum % : -24.49% (As of May. 23, 2024)


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What is M-Tron Industries 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 (2024-05-23), M-Tron Industries's 6-1 Month Momentum % is -24.49%.

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

MPTI's 6-1 Month Momentum % is ranked worse than
91.24% of 2477 companies
in the Hardware industry
Industry Median: -4.79 vs MPTI: -24.49

Competitive Comparison of M-Tron Industries's 6-1 Month Momentum %

For the Electronic Components subindustry, M-Tron Industries'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.

M-Tron Industries's 6-1 Month Momentum % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, M-Tron Industries's 6-1 Month Momentum % distribution charts can be found below:

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


M-Tron Industries  (AMEX:MPTI) 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.

M-Tron Industries  (AMEX:MPTI) 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.

M-Tron Industries 6-1 Month Momentum % Related Terms

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M-Tron Industries (M-Tron Industries) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » M-Tron Industries Inc (AMEX:MPTI) » Definitions » 6-1 Month Momentum %
Comparable Companies
LPTH LINK ELTK MMAT CPSH KULR DSWL REFR HOLO DAIO APH TPE:2317 TEL TSE:6981 SZSE:002475 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL
Traded in Other Exchanges
N/A
Address
2525 Shader Road, Orlando, FL, USA, 32804
Website
https://www.mtronpti.com
M-Tron Industries Inc is a diversified holding company with subsidiaries engaged in the design, manufacturing and marketing of highly-engineered, high reliability frequency and spectrum control products used to control the frequency or timing of signals in electronic circuits in various applications. It offers a wide range of products such as microwave and millimeter wave filters; cavity, crystal, ceramic, lumped element and switched filters; crystal resonators, integrated microwave assemblies and state-of-the-art solid state power amplifier products.
Executives
William Arnold Drafts officer: President 746 CRISTALDI WAY, LONGWOOD FL 32779
Ferrantino Michael J Jr director, officer: Chief Executive Officer 12 MARTINGALE LANE, ANDOVER MA 01810
Ivan Arteaga director 497 EISENHOWER COURT, WYCKOFF NJ 07481
James William Tivy officer: Chief Financial Officer 220 E. CENTRAL PARKWAY, SUITE 2060, ALTAMONTE SPRINGS FL 32701
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Linda M Biles officer: VP, Controller 2525 SHADER ROAD, ORLANDO FL 32804
Marc Gabelli director, 10 percent owner 401 THEODORE FREMD AVE, RYE NY 10580
Bel Lazar director 4705 S. APOPKA VINELAND ROAD, SUITE 201, ORLANDO FL 32819
Hendi Susanto director 2525 SHADER RD., ORLANDO FL 32804
Lapenta Robert V Jr director C/O ASTON CAPITAL, 177 BROAD ST., 12TH FLOOR, STAMFORD CT 06901
David M Goldman director ONE CORPORATE CENTER, RYE NY 10580
John S Mega director C/O L-3 COMMUNICATIONS CORPORATION, 600 THIRD AVENUE, NEW YORK NY 10016