6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-20), Applied Materials's 6-1 Month Momentum % is 49.77%.
The industry rank for Applied Materials's 6-1 Month Momentum % or its related term are showing as below:
AMAT's 6-1 Month Momentum % is ranked better than 86.38% of 969
companies
in the Semiconductors industry
Industry Median: 2.8
vs AMAT: 49.77
Competitive Comparison
For the Semiconductor Equipment & Materials subindustry, Applied Materials'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.
Applied Materials 6-1 Month Momentum % Distribution
For the Semiconductors industry and Technology sector, Applied Materials's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Applied Materials'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.
Applied Materials 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Applied Materials's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Applied Materials (Applied Materials) Business Description
Applied Materials is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world. Applied Materials has a broad portfolio spanning nearly every corner of the WFE ecosystem. Specifically, Applied Materials holds a market share leadership position in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AMAT has been successfully added to your