RONA (TSX:RON.PR.A.PFD) 12-1 Month Momentum % : 65.10% (As of Jun. 05, 2024)

View and export this data going back to 2010. Start your Free Trial

What is RONA 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-06-05), RONA's 12-1 Month Momentum % is 65.10%.

The industry rank for RONA's 12-1 Month Momentum % or its related term are showing as below:

TSX:RON.PR.A.PFD's 12-1 Month Momentum % is not ranked
in the Retail - Cyclical industry.
Industry Median: -4.83 vs TSX:RON.PR.A.PFD: 65.10

Competitive Comparison of RONA's 12-1 Month Momentum %

For the Home Improvement Retail subindustry, RONA's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 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.

RONA's 12-1 Month Momentum % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, RONA's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where RONA's 12-1 Month Momentum % falls into.

RONA (TSX:RON.PR.A.PFD) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-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.

RONA (TSX:RON.PR.A.PFD) 12-1 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 12-1 Month Momentum % measures the total return to a stock over the past twelve 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.

RONA 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of RONA's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

RONA (TSX:RON.PR.A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » RONA Inc (TSX:RON.PR.A.PFD) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.rona.ca

Rona Inc founded on October 6, 1939, is engaged in the distribution and retail of hardware, home improvement and gardening products in Canada. The Company has three segments of activity in hardware, renovation and construction marketplace: distribution, retail and commercial and professional. The Company provides automotive products, building materials and accessories, decoration products, gutter and accessories, hand tools, hardware products, horticulture products, kitchen and bathroom products, lighting and electrical products, paint products, plumbing products, power tools, pre-seasonal products, storage and house ware products, tiling products, winter season products, and gift cards, as well as heating, ventilation, and air conditioning (HVAC) products. The Company also provides construction plans. The Company's model comprises of various store formats that address specific markets or consumer sectors and three ownership formulas.

RONA (TSX:RON.PR.A.PFD) Headlines

No Headlines