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Amkor Technology (STU:AMK) 6-1 Month Momentum % : 17.67% (As of May. 20, 2024)


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What is Amkor Technology 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), Amkor Technology's 6-1 Month Momentum % is 17.67%.

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

STU:AMK's 6-1 Month Momentum % is ranked better than
69.85% of 975 companies
in the Semiconductors industry
Industry Median: -2.44 vs STU:AMK: 17.67

Competitive Comparison of Amkor Technology's 6-1 Month Momentum %

For the Semiconductor Equipment & Materials subindustry, Amkor Technology'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.


Amkor Technology's 6-1 Month Momentum % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Amkor Technology's 6-1 Month Momentum % distribution charts can be found below:

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



Amkor Technology  (STU:AMK) 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.


Amkor Technology  (STU:AMK) 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.


Amkor Technology 6-1 Month Momentum % Related Terms

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Amkor Technology (STU:AMK) Business Description

Traded in Other Exchanges
Address
2045 East Innovation Circle, Tempe, AZ, USA, 85284
Amkor Technology Inc is a provider of outsourced semiconductor packaging and test services to integrated device manufacturers, fabless semiconductor companies, and contract foundries. The firm's products are organized into two streams: advanced products, including flip chip, wafer-level processing and testing services; and mainstream products, including wirebond packaging and testing. Roughly a third of the firm's revenue is generated in the United States, with the rest coming from China, Ireland, Japan, Malaysia, Taiwan, Singapore, and countries across the world.

Amkor Technology (STU:AMK) Headlines

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