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), Zynga's 6-1 Month Momentum % is 39.28%.
The industry rank for Zynga's 6-1 Month Momentum % or its related term are showing as below:
ZNGA's 6-1 Month Momentum % is not ranked
in the Interactive Media industry.
Industry Median: -3.765
vs ZNGA: 39.28
Competitive Comparison of Zynga's 6-1 Month Momentum %
For the Electronic Gaming & Multimedia subindustry, Zynga'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.
Zynga's 6-1 Month Momentum % Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Zynga's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Zynga's 6-1 Month Momentum % falls into.
Zynga (NAS:ZNGA) 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.
Zynga (NAS:ZNGA) 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.
Zynga 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Zynga's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Zynga Inc is a company that develops, markets, and operates social games as live services played on mobile platforms, such as iOS and Android, and social networking sites, such as Facebook. Zynga generates revenue through mobile game downloads, in-games sales of virtual goods, and advertising services. Zynga's revenue is divided between Online game and Advertising and other, where Online game accounts for the vast majority of total revenue. The firm's top three games account for the majority of its online game revenue. The company invests in several game categories, such as Social Casino, including Zynga Poker; Casual, including Words With Friends; Action Strategy, including Empires & Allies; and Invest Express, including Farmville.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ZNGA has been successfully added to your