DTE Energy Co (DTE Energy Co) 12-1 Month Momentum % : -5.17% (As of Apr. 27, 2024)

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What is DTE Energy Co 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 (2024-04-27), DTE Energy Co's 12-1 Month Momentum % is -5.17%.

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

DTE's 12-1 Month Momentum % is ranked worse than
56.14% of 570 companies
in the Utilities - Regulated industry
Industry Median: -1.62 vs DTE: -5.17

Competitive Comparison of DTE Energy Co's 12-1 Month Momentum %

For the Utilities - Regulated Electric subindustry, DTE Energy Co'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.

DTE Energy Co's 12-1 Month Momentum % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, DTE Energy Co's 12-1 Month Momentum % distribution charts can be found below:

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

DTE Energy Co (NYSE:DTE) 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.

DTE Energy Co (NYSE:DTE) 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.

DTE Energy Co 12-1 Month Momentum % Related Terms

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DTE Energy Co (DTE Energy Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » DTE Energy Co (NYSE:DTE) » Definitions » 12-1 Month Momentum %

Comparable Companies

ETR FE ES WEC PPL AEE EIX CNP CMS XEL NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

DGY:Germany DGY:Germany

Address

One Energy Plaza, Detroit, MI, USA, 48226-1279

Website

https://www.dteenergy.com

DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. DTE Gas serves 1.3 million customers throughout the state. In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects.

Executives

Joann Chavez	officer: Sr VP & Chief Legal Officer	ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Deborah L Byers	director	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Lisa A. Muschong	officer: Corporate Secretary	ONE ENERGY PLAZA, DETROIT MI 48226
Tracy J Myrick	officer: Chief Accounting Officer	ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Robert A. Richard	officer: Executive Vice President	ONE ENERGY PLAZA, DETROIT MI 48226
Joi M. Harris	officer: Pres. & COO - DTE Gas Company	ONE ENERGY PLAZA, DETROIT MI 48226
Trevor F Lauer	officer: President and COO-DTE Electric	ONE ENERGY PLAZA, DETROIT MI 48226
Gerard M Anderson	director, officer: Chairman and CEO	ONE ENERGY PLAZA, LEGAL DEPARTMENT, DETROIT MI 48226
David A Thomas	director	ONE ENERGY PLAZA, DETROIT MI 48226
Mark C. Rolling	officer: VP Controller & CAO	ONE ENERGY PLAZA, DETROIT MI 48226
David E Meador	officer: Vice Chairman and CAO	ONE ENERGY PLAZA, DETROIT MI 48226
Matthew T. Paul	officer: President & COO DTE Gas Co.	ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Peter B Oleksiak	officer: Sr. Vice President and CFO	ONE ENERGY PLAZA, DETROIT MI 48226
Mark W Stiers	officer: President and COO - DTE Gas	ONE ENERGY PLAZA, DETROIT MI 48226
Gary Torgow	director	235 EAST MAIN STREET, MIDLAND MI 48640