Ceapro (Ceapro) 6-1 Month Momentum % : N/A% (As of May. 25, 2024)

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What is Ceapro 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-25), Ceapro's 6-1 Month Momentum % is N/A%.

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

CRPOF's 6-1 Month Momentum % is not ranked ^*
in the Biotechnology industry.
Industry Median: -5.54
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Ceapro's 6-1 Month Momentum %

For the Biotechnology subindustry, Ceapro'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.

Ceapro's 6-1 Month Momentum % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Ceapro's 6-1 Month Momentum % distribution charts can be found below:

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

Ceapro (OTCPK:CRPOF) 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.

Ceapro (OTCPK:CRPOF) 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.

Ceapro 6-1 Month Momentum % Related Terms

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Ceapro (Ceapro) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Ceapro Inc (OTCPK:CRPOF) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

CZO:Canada

Address

7824-51 Avenue NW, Edmonton, AB, CAN, T6E 6W2

Website

https://www.ceapro.com

Ceapro Inc is engaged in the development and marketing of various health and wellness products and technology relating to plant extracts. Its operating segment is the active ingredient product technology industry which involves the development of proprietary extraction technologies and the application of these technologies to the production and development and commercialization of active ingredients derived from oats and other renewable plant resources for healthcare and cosmetic industries. Active ingredients produced include oat beta glucan and avenanthramides. The group derives revenue from the U.S., Germany, China, Canada and other countries, of which prime revenue is generated from the U.S.