6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-15), Nauticus Robotics's 6-1 Month Momentum % is -87.19%.
The industry rank for Nauticus Robotics's 6-1 Month Momentum % or its related term are showing as below:
KITT's 6-1 Month Momentum % is ranked worse than 99.36% of 311
companies
in the Aerospace & Defense industry
Industry Median: 5.9
vs KITT: -87.19
Competitive Comparison of Nauticus Robotics's 6-1 Month Momentum %
For the Aerospace & Defense subindustry, Nauticus Robotics'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.
Nauticus Robotics's 6-1 Month Momentum % Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Nauticus Robotics's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Nauticus Robotics's 6-1 Month Momentum % falls into.
* 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.
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.
Nauticus Robotics 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Nauticus Robotics's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Nauticus Robotics (Nauticus Robotics) Business Description
Nauticus Robotics Inc is a developer of ocean robots, cloud software, and services delivered in a modern business model to the ocean industry. The company generates revenue through engineering service contracts, with both government and commercial customers, to a company that performs subsea robotic services through various technology-based products. Nauticus' products and services will be delivered to commercial and government-facing customers through a Robotics as a Service ("RaaS") business model and direct product sales for both hardware platforms and software licenses. The RaaS revenue model emulates the Software as a Service revenue model, which is commonly used for consumer and business software licensing.
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