12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-28), Marine Products's 12-1 Month Momentum % is -20.13%.
The industry rank for Marine Products's 12-1 Month Momentum % or its related term are showing as below:
MPX's 12-1 Month Momentum % is ranked worse than 78.37% of 1276
companies
in the Vehicles & Parts industry
Industry Median: 5.41
vs MPX: -20.13
Competitive Comparison of Marine Products's 12-1 Month Momentum %
For the Recreational Vehicles subindustry, Marine Products'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.
Marine Products's 12-1 Month Momentum % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Marine Products's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Marine Products'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.
Marine Products 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Marine Products's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Marine Products (Marine Products) Business Description
Marine Products Corp is a manufacturer of fiberglass motorized boats distributed and marketed through its independent dealer network. It operates in the Powerboat Manufacturing business segment through Nashville, Georgia, Valdosta, and Georgia. Its product offerings include Chaparral sterndrive, outboard, and jet pleasure boats and Robalo outboard sport fishing boats. The company offers its products to the family recreational and cruiser markets through its Chaparral brand and to the sportfishing market through its Robalo brand.
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