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Sidus Space (Sidus Space) 6-1 Month Momentum % : -45.22% (As of May. 20, 2024)


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What is Sidus Space 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 (2024-05-20), Sidus Space's 6-1 Month Momentum % is -45.22%.

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

SIDU's 6-1 Month Momentum % is ranked worse than
94.52% of 310 companies
in the Aerospace & Defense industry
Industry Median: 5.1 vs SIDU: -45.22

Competitive Comparison of Sidus Space's 6-1 Month Momentum %

For the Aerospace & Defense subindustry, Sidus Space'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.


Sidus Space's 6-1 Month Momentum % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Sidus Space's 6-1 Month Momentum % distribution charts can be found below:

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



Sidus Space  (NAS:SIDU) 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.


Sidus Space  (NAS:SIDU) 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.


Sidus Space 6-1 Month Momentum % Related Terms

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Sidus Space (Sidus Space) Business Description

Traded in Other Exchanges
N/A
Address
150 N. Sykes Creek Parkway, Suite 200, Merritt Island, FL, USA, 32953
Sidus Space Inc is a Space and Defense as-a-Service company focused on providing complex space hardware, satellite/spacecraft design, manufacture, launch, and data solutions for both government and commercial in-space missions for all destinations through the solar system. This includes a Space-based infrastructure of multi-mission satellites with hyperspectral, multi-spectral and other sensors to provide monitoring services and solutions to multiple sectors and industries. The company supports Commercial Space, Aerospace, Defense, Underwater Marine and other commercial and government customers.
Executives
Carol Marlene Craig director, 10 percent owner, officer: CEO 150 N. SYKES CREEK PKWY, SUITE 200, MERRITT ISLAND FL 32953
Leonardo Riera director 18688 SEA TURTLE LANE, BOCA RATON FL 33498
Miguel Valero director 150 N. SYKES CREEK PARKWAY, SUITE 200, MERRITT ISLAND FL 32953
Oliver John Cole director 150 N. SYKES CREEK PARKWAY, SUITE 200, MERRITT ISLAND FL 32943
Dana S Kilborne director 102 WEST BAKER STREET, PLANT CITY FL 33563
Scott J Silverman officer: Chief Financial Officer 1825 PONCE DE LEON BLVD., SUITE 411, CORAL GABLES FL 33134