6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-02), Mirion Technologies's 6-1 Month Momentum % is 65.09%.
The industry rank for Mirion Technologies's 6-1 Month Momentum % or its related term are showing as below:
MIR's 6-1 Month Momentum % is ranked better than 93.96% of 2980
companies
in the Industrial Products industry
Industry Median: 3.055
vs MIR: 65.09
Competitive Comparison of Mirion Technologies's 6-1 Month Momentum %
For the Specialty Industrial Machinery subindustry, Mirion Technologies'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.
Mirion Technologies's 6-1 Month Momentum % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mirion Technologies's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Mirion Technologies's 6-1 Month Momentum % falls into.
* 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.
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.
Mirion Technologies 6-1 Month Momentum % Related Terms
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Mirion Technologies (Mirion Technologies) Business Description
Mirion Technologies Inc provides products, services, and software that allows customers to safely leverage the power of ionizing radiation for the greater good of humanity through critical applications in the medical, nuclear, defense markets, as well as laboratories, scientific research, analysis and exploration. The Company manages its operations through two segments: Medical and Industrial. The Medical segment provides radiation oncology quality assurance, delivering patient safety solutions for diagnostic imaging and radiation therapy centers. The Industrial segment provides robust, field ready personal radiation detection and identification equipment for defense applications and radiation detection and analysis tools for power plants, labs, and research applications.
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