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The Navigator Co (XLIS:NVG) 6-1 Month Momentum % : 7.61% (As of May. 06, 2024)


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What is The Navigator Co 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 (2024-05-06), The Navigator Co's 6-1 Month Momentum % is 7.61%.

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

XLIS:NVG's 6-1 Month Momentum % is ranked better than
65.36% of 306 companies
in the Forest Products industry
Industry Median: 2.315 vs XLIS:NVG: 7.61

Competitive Comparison of The Navigator Co's 6-1 Month Momentum %

For the Paper & Paper Products subindustry, The Navigator Co'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.

The Navigator Co's 6-1 Month Momentum % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, The Navigator Co's 6-1 Month Momentum % distribution charts can be found below:

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


The Navigator Co  (XLIS:NVG) 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.

The Navigator Co  (XLIS:NVG) 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.

The Navigator Co 6-1 Month Momentum % Related Terms

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The Navigator Co (XLIS:NVG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » The Navigator Co SA (XLIS:NVG) » Definitions » 6-1 Month Momentum %
Comparable Companies
XLIS:SEM XLIS:ALTR XLIS:INA OHEL:UPM BSP:SUZB3 OHEL:STERV BUE:CELU LSE:MNDI OSTO:HOLM A SZSE:002078 BSP:KLBN3 XSGO:CMPC TSE:3861 ISX:INKP SLVM OSTO:BILL BOM:500040 TSE:3865 HKSE:02689 SHSE:603733
Traded in Other Exchanges
0KLO:UK PO9:Germany
Address
Mitrena - Apartado 55, Setubal, PRT, 2901-861
Website
http://www.thenavigatorcompany.com
The Navigator Co SA produces and sells pulp, paper, and energy. The company segments is based on product type. The market pulp segment, which sells pulp paper to international paper producers. The UWF segment, which sells paper through retail stores (B2C) and commercial distribution (B2B). Tissue segment, which sells tissue paper for private label to national and international retail chains. The Biomass renewable energy segment includes the cogeneration units and the two independent thermoelectric power plants and Support. The majority of revenue comes from Rest of Europe.