12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-27), BlueLinx Holdings's 12-1 Month Momentum % is 91.25%.
The industry rank for BlueLinx Holdings's 12-1 Month Momentum % or its related term are showing as below:
BXC's 12-1 Month Momentum % is ranked better than 95.14% of 144
companies
in the Industrial Distribution industry
Industry Median: 7.22
vs BXC: 91.25
Competitive Comparison of BlueLinx Holdings's 12-1 Month Momentum %
For the Industrial Distribution subindustry, BlueLinx Holdings'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.
BlueLinx Holdings's 12-1 Month Momentum % Distribution in the Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, BlueLinx Holdings's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where BlueLinx Holdings's 12-1 Month Momentum % falls into.
* 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.
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.
BlueLinx Holdings 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of BlueLinx Holdings's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
BlueLinx Holdings (BlueLinx Holdings) Business Description
BlueLinx Holdings Inc is engaged in the wholesale distribution of residential and commercial building products. Its business products are split into two categories: Structural products include items such as lumber, plywood, oriented strand board, rebar, and remesh and Specialty products include items such as engineered wood, siding, millwork, outdoor living, specialty lumber and panels, and industrial products. The company's operations are carried out throughout the United States.
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