Eaton (ETN) 6-1 Month Momentum %

: 47.60% (As of Today)

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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), Eaton's 6-1 Month Momentum % is 47.60%.

The industry rank for Eaton's 6-1 Month Momentum % or its related term are showing as below:

ETN's 6-1 Month Momentum % is ranked better than
90.92% of 2974 companies
in the Industrial Products industry
Industry Median: 2.215 vs ETN: 47.60

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Eaton'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.

Eaton 6-1 Month Momentum % Distribution

For the Industrial Products industry and Industrials sector, Eaton's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Eaton's 6-1 Month Momentum % falls into.

Eaton (NYSE:ETN) 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.

Eaton (NYSE:ETN) 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.

Eaton 6-1 Month Momentum % Related Terms

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Eaton (ETN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eaton Corp PLC (NYSE:ETN) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

ETN1:Mexico 3EC:Germany 3EC:Germany E1TN34:Brazil

Address

30 Pembroke Road, Eaton House, Dublin, IRL, D04 Y0C2

Website

https://www.eaton.com

Eaton is a diversified power management company operating for over 100 years. The company operates through various segments, including electrical Americas, electrical global, aerospace, vehicle, and eMobility. Eaton's portfolio can broadly be divided into two halves. One part of its portfolio is housed under its industrial sector umbrella, which serves a large variety of end markets like commercial vehicles, general aviation, and trucks. The other portion is Eaton's electrical sector portfolio, which serves data centers, utilities, and the residential end market, among others. While the company receives favorable tax treatment with its Ireland domicile, most of its operations are in the U.S.

Executives

Sternadt Paulo Ruiz	officer: See remarks below	1000 EATON BLVD., CLEVELAND OH 44122
Thomas B Okray	officer: See Remarks below.	5008 AIRPORT ROAD NW, ROANOKE VA 24012
Szmagala Taras G. Jr.	officer: See remarks below	C/O EATON CORPORATION PLC, 1000 EATON BOULEVARD, CLEVELAND OH 44122
Craig Arnold	director, officer: See Remarks below.	EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114
Peter Denk	officer: See remarks below	C/O EATON CORPORATION PLC, 1000 EATON BLVD., CLEVELAND OH 44122
Heath B. Monesmith	officer: See Remarks below.	600 TRAVIS, SUITE 5600, HOUSTON TX 77002
Nandakumar Cheruvatath	officer: See Remarks below	1000EATON BLVD., CLEVELAND OH 44122
Michael Yelton	officer: See remarks below	C/O EATON CORPORATION PLC, 1000 EATON BLVD., CLEVELAND OH 44122
Joao V Faria	officer: See Remarks below.	1000 EATON BLVD., CLEVELAND OH 44122
Brian S Brickhouse	officer: See Remarks below.	1000 EATON BLVD., CLEVELAND OH 44122
Daniel Roy Hopgood	officer: See Remarks below.	2135 WEST MAPLE ROAD, TROY MI 48084-7186
Deborah L Mccoy	director	CONTINENTAL AIRLINES INC., 1600 SMITH ST. HQS FL, HOUSTON TX 77002
Boise April Miller	officer: See Remarks below.	C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Christopher M Connor	director	THE SHERWIN WILLIAMS CO, 101 W. PROSPECT AVENUE, CLEVELAND OH 44115-1027
Dorothy C Thompson	director	1000 EATON BLVD., CLEVELAND OH 44122