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Origin Enterprises (LSE:OGN) 6-1 Month Momentum %

: -5.94% (As of Today)
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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-23), Origin Enterprises's 6-1 Month Momentum % is -5.94%.

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

LSE:OGN's 6-1 Month Momentum % is ranked worse than
68.87% of 1985 companies
in the Consumer Packaged Goods industry
Industry Median: 1.08 vs LSE:OGN: -5.94

Competitive Comparison

For the Farm Products subindustry, Origin Enterprises'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.


Origin Enterprises 6-1 Month Momentum % Distribution

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

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



Origin Enterprises  (LSE:OGN) 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.


Origin Enterprises  (LSE:OGN) 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.


Origin Enterprises 6-1 Month Momentum % Related Terms

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Origin Enterprises (LSE:OGN) Business Description

Traded in Other Exchanges
Address
4-6 Riverwalk, Citywest Business Campus, Dublin, IRL, 24
Origin Enterprises PLC is an agri-service business with operations throughout Europe. It provides technologies and strategic products to support food production systems for primary food producers. The company acts as an advisor for varietal selection, nutrition, crop protection, and other techniques to improve crop performance. Fertilizers, animal feed, seeds, and other agricultural supplements are sold to enhance farming productivity. It delivers products to farms from local distribution centers, and agronomists study the timing of applications to achieve the best results for customers. Farm visitations happen throughout each year, and soil and tissue analysis is conducted to either stop deficiencies or prevent future occurrences.

Origin Enterprises (LSE:OGN) Headlines