Orion (OEC) 6-1 Month Momentum % : 14.37% (As of May. 08, 2024)

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What is Orion 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 (2024-05-08), Orion's 6-1 Month Momentum % is 14.37%.

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

OEC's 6-1 Month Momentum % is ranked better than
73.75% of 1581 companies
in the Chemicals industry
Industry Median: -0.42 vs OEC: 14.37

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

For the Specialty Chemicals subindustry, Orion'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.

Orion's 6-1 Month Momentum % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Orion's 6-1 Month Momentum % distribution charts can be found below:

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

Orion (NYSE:OEC) 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.

Orion (NYSE:OEC) 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.

Orion 6-1 Month Momentum % Related Terms

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Orion (OEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Orion SA (NYSE:OEC) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

0OE:Germany

Address

1700 City Plaza Drive, Suite 300, Spring, TX, USA, 77389

Website

https://www.orioncarbons.com

Orion SA is a supplier of carbon black, a solid form of carbon produced as powder or pellets. The company's operating segments are Specialty Carbon Black and Rubber Carbon Black. It generates maximum revenue from the Rubber Carbon Black segment. Rubber Carbon Black segment is used in the reinforcement of rubber in tires and mechanical rubber goods. The Specialty Carbon Black segment is used as pigments and performance additives in coatings, polymers, printing, and special applications. Geographically, it derives a majority of its revenue from Germany.

Executives

Painter Corning F.	director, officer: Chief Executive Officer	7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195-1501
Jeffrey Glajch	officer: Chief Financial Officer	GRAHAM CORPORATION, 20 FLORENCE AVENUE, BATAVIA NY 14020
Carlos Quinones	officer: Sr. VP Global Operations	C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE SUITE 106, HOUSTON TX 77345
Robert G. Hrivnak	officer: Chief Accounting Officer	C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE, SUITE 106, HOUSTON TX 77345
Sandra Niewiem	officer: Sr. VP Global Specialties	C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE SUITE 106, HOUSTON TX 77345
Anthony Lynn Davis	director	C/O CONVENE, 530 FIFTH AVENUE, SUITE 702, NEW YORK NY 10036
Didier Miraton	director	C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE SUITE 106, HOUSTON TX 77345
Hans Dietrich Winkhaus	director	C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE SUITE 106, HOUSTON TX 77345
Yi Hyon Paik	director	ROHM AND HAAS COMPANY, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Michel Wurth	director	C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE, SUITE 106, HOUSTON TX 77345
Pedro Riveros	officer: Sr. VP Global Rubber	C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE SUITE 106, HOUSTON TX 77345
Dan F Smith	director	1221 MCKINNEY STREET, SUITE 700, HOUSTON TX 77010
Paul E Huck	director	7201 HAMILTON BLVD, ALLENTOWN PA 181951501
Kerry A Galvin	director	1221 MCKINNEY ST.,, SUITE 700, HOUSTON TX 77010
Mary A Lindsey	director	6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039