GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » NV Energy Inc (FRA:SRQ) » Definitions » 12-1 Month Momentum %

NV Energy (FRA:SRQ) 12-1 Month Momentum % : N/A% (As of Sep. 25, 2024)


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

What is NV Energy 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 (2024-09-25), NV Energy's 12-1 Month Momentum % is N/A%.

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

FRA:SRQ's 12-1 Month Momentum % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 0.69
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of NV Energy's 12-1 Month Momentum %

For the Utilities - Regulated Electric subindustry, NV Energy'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.


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

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

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



NV Energy  (FRA:SRQ) 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.


NV Energy  (FRA:SRQ) 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.


NV Energy 12-1 Month Momentum % Related Terms

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


NV Energy Business Description

Traded in Other Exchanges
N/A
Address
NV Energy, Inc., is an investor-owned holding Company that was incorporated under Nevada law on December 12, 1983. The Company has four main, wholly-owned subsidiaries: Nevada Power Company d/b/a NV Energy, Sierra Pacific Power Company d/b/a NV Energy, NVE Insurance Company, Inc. and Lands of Sierra. The Company's Utilities operate three regulated business segments which are NPC electric, SPPC electric and SPPC natural gas. The Utilities are public utilities engaged in the generation, transmission, distribution and sale of electricity and, in the case of SPPC, sale of natural gas. NPC and SPPC are public utilities that generate, transmit and distribute electric energy in Nevada and, in the case of SPPC also deliver natural gas service. At year-end 2011, NVE served approximately 1.2 million electric customers, of which 840,000 electric customers primarily in Las Vegas, North Las Vegas, Henderson and adjoining areas were served by NPC, and approximately 323,000 electric customers in an approximate 50,000 square mile area of western, central and northeastern Nevada, including the cities of Reno, Sparks, Carson City, and Elko were served by SPPC. Additionally, SPPC provided natural gas service to approximately 152,000 customers in an area of about 800 square miles in Nevada's Reno/Sparks area. Major industries served by the Utilities include gaming/recreation, mining, warehousing/manufacturing and governmental entities. The Utilities are subject to extensive federal, state and local laws and regulations relating to environmental protection.

NV Energy Headlines

No Headlines