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Kootenay Silver (TSXV:KTN) 12-1 Month Momentum % : 9.52% (As of May. 10, 2024)


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What is Kootenay Silver 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 (2024-05-10), Kootenay Silver's 12-1 Month Momentum % is 9.52%.

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

TSXV:KTN's 12-1 Month Momentum % is ranked better than
75.62% of 2600 companies
in the Metals & Mining industry
Industry Median: -25.295 vs TSXV:KTN: 9.52

Competitive Comparison of Kootenay Silver's 12-1 Month Momentum %

For the Silver subindustry, Kootenay Silver'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.


Kootenay Silver's 12-1 Month Momentum % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kootenay Silver's 12-1 Month Momentum % distribution charts can be found below:

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



Kootenay Silver  (TSXV:KTN) 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.


Kootenay Silver  (TSXV:KTN) 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.


Kootenay Silver 12-1 Month Momentum % Related Terms

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Kootenay Silver (TSXV:KTN) Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 1125, Vancouver, BC, CAN, V6C 2T5
Kootenay Silver Inc is focused on acquiring and exploring mineral properties principally located in Mexico, with the objective of identifying mineralized deposits economically worthy of subsequent development, mining, or sale. It manages its business across two geographic regions, Canada and Mexico. The company projects include La Cigarra Silver Project, Promontorio Silver Resource, La Negra Silver Project, Copalito Silver-Gold Project, and Columba Silver Project.
Executives
James Mcdonald Director

Kootenay Silver (TSXV:KTN) Headlines