6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-25), Hooker Furnishings's 6-1 Month Momentum % is 38.02%.
The industry rank for Hooker Furnishings's 6-1 Month Momentum % or its related term are showing as below:
HOFT's 6-1 Month Momentum % is ranked better than 89.4% of 434
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.62
vs HOFT: 38.02
Competitive Comparison of Hooker Furnishings's 6-1 Month Momentum %
For the Furnishings, Fixtures & Appliances subindustry, Hooker Furnishings'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.
Hooker Furnishings's 6-1 Month Momentum % Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hooker Furnishings's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Hooker Furnishings'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.
Hooker Furnishings 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Hooker Furnishings's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Hooker Furnishings (Hooker Furnishings) Business Description
Hooker Furnishings Corp formerly Hooker Furniture Corp is a designer, marketer, and importer of case goods, leather furniture, and fabric-upholstered furniture for the residential, hospitality, and contract markets. The company also domestically manufactures premium residential custom leather and custom fabric-upholstered furniture. Its segments are the Hooker Branded, which includes a wide range of design categories, home entertainment, home office, dining, and bedroom furniture; the Home Meridian segment includes Samuel Lawrence Furniture and Pulaski Furniture; and the Domestic Upholstery segment includes the domestic upholstery manufacturing operations of Sam Moore and Shenandoah Furniture and others. The company generates most of its revenue from the Home Meridian Segment.
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