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Camelot Ghana (XGHA:CMLT) 12-1 Month Momentum % : N/A% (As of May. 27, 2024)


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What is Camelot Ghana 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 (2024-05-27), Camelot Ghana's 12-1 Month Momentum % is N/A%.

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

XGHA:CMLT's 12-1 Month Momentum % is not ranked *
in the Business Services industry.
Industry Median: 0.335
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of Camelot Ghana's 12-1 Month Momentum %

For the Specialty Business Services subindustry, Camelot Ghana'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.


Camelot Ghana's 12-1 Month Momentum % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Camelot Ghana's 12-1 Month Momentum % distribution charts can be found below:

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



Camelot Ghana  (XGHA:CMLT) 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.


Camelot Ghana  (XGHA:CMLT) 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.


Camelot Ghana 12-1 Month Momentum % Related Terms

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Camelot Ghana (XGHA:CMLT) Business Description

Traded in Other Exchanges
N/A
Address
Osu - La Road, A970 H/No. F.378/3, Osu, P.O. Box M191, Opposite Ghana Commercial Bank Osu Branch, Accra, GHA
Camelot Ghana Ltd engages in the printing of security documents and business forms. It is involved in security printing, business forms manufacture, and design facility. The company focuses on three production lines: security stationery, continuous and cut sheet stationery, and Local Government. Under the security stationary, the company offers cheque printing, voucher printing, ticket printing, etc. Under the continuous and cut sheet stationery the company offers Insurance Company Forms, Optical Character Recognition (OCR) Forms, Bankers Drafts, Listing Paper - standard and special size, and Airline Board Passes. Under the Local Government stationary, the company offers council tax forms, poll cards, electoral ballot papers, revenue collection tickets, receipts, payroll stationery, etc.

Camelot Ghana (XGHA:CMLT) Headlines

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