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Bel Fuse (STU:BF2A) 6-1 Month Momentum % : 30.08% (As of May. 23, 2024)


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What is Bel Fuse 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), Bel Fuse's 6-1 Month Momentum % is 30.08%.

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

STU:BF2A's 6-1 Month Momentum % is ranked better than
87.18% of 2480 companies
in the Hardware industry
Industry Median: -5.005 vs STU:BF2A: 30.08

Competitive Comparison of Bel Fuse's 6-1 Month Momentum %

For the Electronic Components subindustry, Bel Fuse'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.


Bel Fuse's 6-1 Month Momentum % Distribution in the Hardware Industry

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

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



Bel Fuse  (STU:BF2A) 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.


Bel Fuse  (STU:BF2A) 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.


Bel Fuse 6-1 Month Momentum % Related Terms

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Bel Fuse (STU:BF2A) Business Description

Address
206 Van Vorst Street, Jersey City, NJ, USA, 07302
Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories: magnetic solutions, power solutions & protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical, and consumer electronics industries. Its geographical segments are the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and All other foreign countries. Majority of the revenue is derived from United States.

Bel Fuse (STU:BF2A) Headlines

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