6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-19), Charter Communications's 6-1 Month Momentum % is -33.94%.
The industry rank for Charter Communications's 6-1 Month Momentum % or its related term are showing as below:
CHTR's 6-1 Month Momentum % is ranked worse than 92.77% of 401
companies
in the Telecommunication Services industry
Industry Median: 1.5
vs CHTR: -33.94
Competitive Comparison
For the Telecom Services subindustry, Charter Communications'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.
Charter Communications 6-1 Month Momentum % Distribution
For the Telecommunication Services industry and Communication Services sector, Charter Communications's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Charter Communications's 6-1 Month Momentum % falls into.
Charter Communications (NAS:CHTR) 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.
Charter Communications (NAS:CHTR) 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.
Charter Communications 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Charter Communications's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Charter Communications (Charter Communications) Business Description
Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 56 million U.S. homes and businesses, around 40% of the country. Across this footprint, Charter serves 30 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest U.S. cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CHTR has been successfully added to your