6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-18), PLAYSTUDIOS's 6-1 Month Momentum % is -28.57%.
The industry rank for PLAYSTUDIOS's 6-1 Month Momentum % or its related term are showing as below:
MYPS's 6-1 Month Momentum % is ranked worse than 82.24% of 597
companies
in the Interactive Media industry
Industry Median: -5.61
vs MYPS: -28.57
Competitive Comparison
For the Electronic Gaming & Multimedia subindustry, PLAYSTUDIOS'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.
PLAYSTUDIOS 6-1 Month Momentum % Distribution
For the Interactive Media industry and Communication Services sector, PLAYSTUDIOS's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where PLAYSTUDIOS'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.
PLAYSTUDIOS 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of PLAYSTUDIOS's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
PLAYSTUDIOS Inc is engaged in gaming and related business. The Company develops and operates online and mobile social gaming applications (games or game), many of which incorporate a loyalty program offering real world rewards provided by a collection of awards partners. The Company's games are free-to-play and available via the Apple App Store, Google Play Store, Amazon Appstore, and Facebook (collectively, platforms or platform operators). The Company creates games based on its own original content as well as third-party licensed brands. The Company generates revenue through the in-game sale of virtual currency and through advertising. The company has one operating segment with one business activity, developing and monetizing social games.
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