6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-16), Albertsons's 6-1 Month Momentum % is -7.14%.
The industry rank for Albertsons's 6-1 Month Momentum % or its related term are showing as below:
ACI's 6-1 Month Momentum % is ranked worse than 74.16% of 329
companies
in the Retail - Defensive industry
Industry Median: 3.21
vs ACI: -7.14
Competitive Comparison
For the Grocery Stores subindustry, Albertsons'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.
Albertsons 6-1 Month Momentum % Distribution
For the Retail - Defensive industry and Consumer Defensive sector, Albertsons's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Albertsons'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.
Albertsons 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Albertsons's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Albertsons is the second-largest conventional grocer in America, operating 2,271 stores under 24 banners in 34 states (as of the end of fiscal 2022). Around 75% of stores have pharmacies, while nearly 20% also sell fuel. Albertsons has a significant private-label operation, accounting for around 25% of sales (excluding fuel). While its own brand assortment is mainly manufactured by third parties, Albertsons operates 19 food production plants (as of the end of fiscal 2022). Albertsons is a top two grocer in two thirds of its major markets (as of early 2022, according to company data), and virtually all of its sales come from the United States. Narrow-moat Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ACI has been successfully added to your