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Energisa (BSP:ENGI4) 12-1 Month Momentum % : -16.47% (As of Dec. 13, 2024)


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What is Energisa 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 (2024-12-13), Energisa's 12-1 Month Momentum % is -16.47%.

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

BSP:ENGI4's 12-1 Month Momentum % is ranked worse than
90.25% of 554 companies
in the Utilities - Regulated industry
Industry Median: 5.72 vs BSP:ENGI4: -16.47

Competitive Comparison of Energisa's 12-1 Month Momentum %

For the Utilities - Regulated Electric subindustry, Energisa'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.


Energisa's 12-1 Month Momentum % Distribution in the Utilities - Regulated Industry

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

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



Energisa  (BSP:ENGI4) 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.


Energisa  (BSP:ENGI4) 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.


Energisa 12-1 Month Momentum % Related Terms

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Energisa Business Description

Traded in Other Exchanges
Address
Praca Rui Barbosa, 80, Centro, Cataguases, MG, BRA, 36770-901
Energisa SA is a holding company. Energisa along with its subsidiaries is engaged in the production of energy from renewable sources and; the transmission and distribution of electricity. The company segments include Electricity Distribution, Hydraulic, solar and distributed generation, Electricity Transmission, Marketing, Gas distribution and Services and other. It generates maximum revenue from the Electricity Distribution segment.

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