SLC Agricola (SLC Agricola) 6-1 Month Momentum % : 0.21% (As of Jun. 01, 2024)

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What is SLC Agricola 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 (2024-06-01), SLC Agricola's 6-1 Month Momentum % is 0.21%.

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

SLCJY's 6-1 Month Momentum % is ranked better than
55.01% of 1996 companies
in the Consumer Packaged Goods industry
Industry Median: -0.215 vs SLCJY: 0.21

Competitive Comparison of SLC Agricola's 6-1 Month Momentum %

For the Farm Products subindustry, SLC Agricola'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.

SLC Agricola's 6-1 Month Momentum % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SLC Agricola's 6-1 Month Momentum % distribution charts can be found below:

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

SLC Agricola (OTCPK:SLCJY) 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.

SLC Agricola (OTCPK:SLCJY) 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.

SLC Agricola 6-1 Month Momentum % Related Terms

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SLC Agricola (SLC Agricola) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SLC Agricola SA (OTCPK:SLCJY) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

SLCE3:Brazil

Address

Rua Nilo Pecanha, 2.900, Room 301, Porto Alegre, RS, BRA, 91330-002

Website

https://www.slcagricola.com.br

SLC Agricola SA is an agricultural company. Its core business activities include the production and sale of seeds and saplings; the processing and trading of its products, the supply of primary agricultural goods and products; the rendering of inbound logistics, cleaning, drying and storage services as well as rendering services of agricultural machinery and equipment to third parties; the trading, import and export of agricultural products; and processing of sugarcane, ethanol and its byproducts. It operates through two business segments viz. The agricultural production segment comprises the cultivation of primarily cotton, soybean and corn and the Land portfolio segment includes the acquisition and development of land for agriculture. Its products are cotton, corn, soybean, and other.