RIL Pty Rg (COL:RIL.N0000) 12-1 Month Momentum % : 58.82% (As of Jun. 20, 2024)

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What is RIL Pty Rg 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 (2024-06-20), RIL Pty Rg's 12-1 Month Momentum % is 58.82%.

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

COL:RIL.N0000's 12-1 Month Momentum % is ranked better than
87.78% of 1285 companies
in the Vehicles & Parts industry
Industry Median: -1.76 vs COL:RIL.N0000: 58.82

Competitive Comparison of RIL Pty Rg's 12-1 Month Momentum %

For the Auto & Truck Dealerships subindustry, RIL Pty Rg'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.

RIL Pty Rg's 12-1 Month Momentum % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, RIL Pty Rg's 12-1 Month Momentum % distribution charts can be found below:

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

RIL Pty Rg (COL:RIL.N0000) 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.

RIL Pty Rg (COL:RIL.N0000) 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.

RIL Pty Rg 12-1 Month Momentum % Related Terms

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RIL Pty Rg (COL:RIL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » RIL Pty Rg (COL:RIL.N0000) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 33, Park Street, Level 1, Parkland, Colombo, LKA, 02

Website

https://www.rilproperty.lk

RIL Pty Rg is engaged in various different businesses along with its subsidiaries. It has three operating segments. R I L Property PLC is engaged in property renting and other related services; United Motors Lanka PLC is engaged in the importation and sale of vehicles, spare parts, lubricants, tyres, after-sales services, and other related services. Panasian Power PLC (Subsidiary) is engaged in renewable energy generation and management. The company generates maximum revenue from automobile sales and other related services.

RIL Pty Rg (COL:RIL.N0000) Headlines

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