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), Dollar General's 6-1 Month Momentum % is 29.31%.
The industry rank for Dollar General's 6-1 Month Momentum % or its related term are showing as below:
DG's 6-1 Month Momentum % is ranked better than 83.64% of 330
companies
in the Retail - Defensive industry
Industry Median: 5.33
vs DG: 29.31
Competitive Comparison of Dollar General's 6-1 Month Momentum %
For the Discount Stores subindustry, Dollar General'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.
Dollar General's 6-1 Month Momentum % Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Dollar General's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Dollar General's 6-1 Month Momentum % falls into.
Dollar General (NYSE:DG) 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.
Dollar General (NYSE:DG) 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.
Dollar General 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Dollar General's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Dollar General (Dollar General) Business Description
With over 19,000 locations, Dollar General's banner is nearly ubiquitous across the rural United States. Dollar General serves as a convenient shopping destination for fill-in store trips, with its value proposition most relevant to consumers in small communities with a dearth of shopping options. The retailer operates a frugal store of about 7,500 square feet and primarily offers an assortment of branded and private-label consumable items (80% of net sales) such as paper and cleaning products, packaged and perishable food, tobacco, and health and beauty items at low prices. Dollar General also offers a limited assortment of seasonal merchandise, home products, and apparel. The firm sells most items at a price point of $10 or lower.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
DG has been successfully added to your