M.D.C. Holdings (FRA:MDH) 12-1 Month Momentum % : 64.29% (As of May. 06, 2024)

View and export this data going back to 2013. Start your Free Trial

What is M.D.C. Holdings 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 (2024-05-06), M.D.C. Holdings's 12-1 Month Momentum % is 64.29%.

The industry rank for M.D.C. Holdings's 12-1 Month Momentum % or its related term are showing as below:

FRA:MDH's 12-1 Month Momentum % is ranked better than
84.55% of 110 companies
in the Homebuilding & Construction industry
Industry Median: 12.285 vs FRA:MDH: 64.29

Competitive Comparison of M.D.C. Holdings's 12-1 Month Momentum %

For the Residential Construction subindustry, M.D.C. Holdings'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.

M.D.C. Holdings's 12-1 Month Momentum % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, M.D.C. Holdings's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where M.D.C. Holdings's 12-1 Month Momentum % falls into.

M.D.C. Holdings (FRA:MDH) 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.

M.D.C. Holdings (FRA:MDH) 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.

M.D.C. Holdings 12-1 Month Momentum % Related Terms

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

M.D.C. Holdings (FRA:MDH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » M.D.C. Holdings Inc (FRA:MDH) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

MDC:USA

Address

4350 South Monaco Street, Suite 500, Denver, CO, USA, 80237

Website

http://www.mdcholdings.com

M.D.C. Holdings Inc is an American holding company that operates home construction, mortgage, insurance, and title companies. The company focuses on single-family and residential communities via its Richmond American Homes brand in Arizona, California, Colorado, Florida, Virginia, Nevada, Utah, and Washington. MDC Holdings constructs homes for first-time and move-up homebuyers. Its segments include Homebuilding and Financial Services. Its Home construction in Colorado, California, Washington, and Arizona derive most of the company's homebuilding revenue, followed by Utah, and Virginia.