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Henkel AG KGaA (XTER:HEN3) 6-1 Month Momentum %

: 11.15% (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 (2024-04-18), Henkel AG KGaA's 6-1 Month Momentum % is 11.15%.

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

XTER:HEN3's 6-1 Month Momentum % is ranked better than
70.19% of 1986 companies
in the Consumer Packaged Goods industry
Industry Median: -0.49 vs XTER:HEN3: 11.15

Competitive Comparison

For the Household & Personal Products subindustry, Henkel AG KGaA'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.


Henkel AG KGaA 6-1 Month Momentum % Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Henkel AG KGaA's 6-1 Month Momentum % distribution charts can be found below:

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



Henkel AG KGaA  (XTER:HEN3) 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.


Henkel AG KGaA  (XTER:HEN3) 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.


Henkel AG KGaA 6-1 Month Momentum % Related Terms

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Henkel AG KGaA (XTER:HEN3) Business Description

Address
Henkelstrasse 67, Duesseldorf, NW, DEU, 40589
Two distinct customer groups constitute Henkel. The consumer segment (around 50% of consolidated 2022 sales) is laundry and home care, including the Persil and Purex laundry detergent brands, and beauty care, including the Schwarzkopf brand in hair care and the Dial brand in hand soap. The adhesives technologies segment makes up the remaining 50% of sales. Sales from Europe accounted for 42% of the firm's consolidated total in 2022, while Asia-Pacific and North America accounted for 17% and 27%, respectively.
Executives
Wolfgang König Board of Directors
Mark Dorn Board of Directors

Henkel AG KGaA (XTER:HEN3) Headlines

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