6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-05), Fox Factory Holding's 6-1 Month Momentum % is -18.88%.
The industry rank for Fox Factory Holding's 6-1 Month Momentum % or its related term are showing as below:
FOXF's 6-1 Month Momentum % is ranked worse than 84.08% of 1294
companies
in the Vehicles & Parts industry
Industry Median: 1.58
vs FOXF: -18.88
Competitive Comparison of Fox Factory Holding's 6-1 Month Momentum %
For the Auto Parts subindustry, Fox Factory Holding'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.
Fox Factory Holding's 6-1 Month Momentum % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Fox Factory Holding's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Fox Factory Holding's 6-1 Month Momentum % falls into.
Fox Factory Holding (NAS:FOXF) 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.
Fox Factory Holding (NAS:FOXF) 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.
Fox Factory Holding 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Fox Factory Holding's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Fox Factory Holding (Fox Factory Holding) Business Description
Fox Factory Holding Corp is a designer, manufacturer, and marketer of performance-defining products and systems used primarily on bikes, Side-by-Sides, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, ATVs, snowmobiles, specialty vehicles and applications, motorcycles, and commercial trucks. Its business operates under the FOX, FOX RACING SHOX, and RACE FACE brands. Geographically, it derives a majority of revenue from North Americas and also has a presence in Asia, Europe, and the Rest of the World.
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