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BlackRock Resourcesmmodities Strategy Trust (BlackRock Resourcesmmodities Strategy Trust) 12-1 Month Momentum % : -5.71% (As of Apr. 30, 2024)


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What is BlackRock Resourcesmmodities Strategy Trust 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 (2024-04-30), BlackRock Resourcesmmodities Strategy Trust's 12-1 Month Momentum % is -5.71%.

The industry rank for BlackRock Resourcesmmodities Strategy Trust's 12-1 Month Momentum % or its related term are showing as below:

BCX's 12-1 Month Momentum % is ranked worse than
65.71% of 1735 companies
in the Asset Management industry
Industry Median: 1.55 vs BCX: -5.71

Competitive Comparison of BlackRock Resourcesmmodities Strategy Trust's 12-1 Month Momentum %

For the Asset Management subindustry, BlackRock Resourcesmmodities Strategy Trust'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.


BlackRock Resourcesmmodities Strategy Trust's 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Resourcesmmodities Strategy Trust's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where BlackRock Resourcesmmodities Strategy Trust's 12-1 Month Momentum % falls into.



BlackRock Resourcesmmodities Strategy Trust  (NYSE:BCX) 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.


BlackRock Resourcesmmodities Strategy Trust  (NYSE:BCX) 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.


BlackRock Resourcesmmodities Strategy Trust 12-1 Month Momentum % Related Terms

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BlackRock Resourcesmmodities Strategy Trust (BlackRock Resourcesmmodities Strategy Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Resources & Commodities Strategy Trust operates as an investment trust. Its primary investment objective is to seek high current income and current gains, with a secondary objective of capital appreciation. The company invests at least 80% of its total assets in equity securities issued by commodity or natural resources companies, derivatives with exposure to commodity or natural resources companies or investments in securities and derivatives linked to the underlying price movement of commodities or natural resources.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Alastair Bishop other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Christopher Accettella other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kyle Mcclements other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Thomas Holl other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Skye Macpherson other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055