GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Obrascon Huarte Lain SA (FRA:HUA) » Definitions » 12-1 Month Momentum %

Obrascon Huarte Lain (FRA:HUA) 12-1 Month Momentum % : -42.15% (As of Dec. 14, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Obrascon Huarte Lain 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 (2024-12-14), Obrascon Huarte Lain's 12-1 Month Momentum % is -42.15%.

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

FRA:HUA's 12-1 Month Momentum % is ranked worse than
93.62% of 1786 companies
in the Construction industry
Industry Median: 3.335 vs FRA:HUA: -42.15

Competitive Comparison of Obrascon Huarte Lain's 12-1 Month Momentum %

For the Engineering & Construction subindustry, Obrascon Huarte Lain'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.


Obrascon Huarte Lain's 12-1 Month Momentum % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Obrascon Huarte Lain's 12-1 Month Momentum % distribution charts can be found below:

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



Obrascon Huarte Lain  (FRA:HUA) 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.


Obrascon Huarte Lain  (FRA:HUA) 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.


Obrascon Huarte Lain 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Obrascon Huarte Lain's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Obrascon Huarte Lain Business Description

Traded in Other Exchanges
Address
Paseo de la Castellana 259 D, Torrespacio, Madrid, ESP, D-28046
Obrascon Huarte Lain SA is engaged in providing all manner of civil engineering and building construction works for public and private customers. Its object also includes the provision of public and private services, the operation of service concession arrangements and hotel complexes, real estate development and the sale of properties.

Obrascon Huarte Lain Headlines

No Headlines