6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-27), Lockheed Martin's 6-1 Month Momentum % is N/A%.
The industry rank for Lockheed Martin's 6-1 Month Momentum % or its related term are showing as below:
LMT's 6-1 Month Momentum % is not ranked *
in the Aerospace & Defense industry.
Industry Median: 7.34 * Ranked among companies with meaningful 6-1 Month Momentum % only.
Competitive Comparison of Lockheed Martin's 6-1 Month Momentum %
For the Aerospace & Defense subindustry, Lockheed Martin'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.
Lockheed Martin's 6-1 Month Momentum % Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Lockheed Martin's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Lockheed Martin's 6-1 Month Momentum % falls into.
Lockheed Martin (NYSE:LMT) 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.
Lockheed Martin (NYSE:LMT) 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.
Lockheed Martin 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Lockheed Martin's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Lockheed Martin (Lockheed Martin) Business Description
Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed's largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, which is mainly the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.
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