GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ikonics Corp (NAS:IKNX) » Definitions » 12-1 Month Momentum %

Ikonics (Ikonics) 12-1 Month Momentum % : 443.72% (As of May. 06, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Ikonics 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), Ikonics's 12-1 Month Momentum % is 443.72%.

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

IKNX's 12-1 Month Momentum % is not ranked
in the Chemicals industry.
Industry Median: -5.155 vs IKNX: 443.72

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

For the Specialty Chemicals subindustry, Ikonics'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.


Ikonics's 12-1 Month Momentum % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ikonics's 12-1 Month Momentum % distribution charts can be found below:

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



Ikonics  (NAS:IKNX) 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.


Ikonics  (NAS:IKNX) 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.


Ikonics 12-1 Month Momentum % Related Terms

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


Ikonics (Ikonics) Business Description

Traded in Other Exchanges
N/A
Address
4832 Grand Avenue, Duluth, MN, USA, 55807
Ikonics Corp is engaged in the development, manufacturing, and selling of photosensitive liquids and films for the screen printing, awards and recognition industries. It has four segments. Chromaline, which is the key revenue driver, sells screen printing film, emulsions, and inkjet receptive film primarily to distributors and some end users. IKONICS Imaging sells photo resistant film, art supplies, glass, and related abrasive etching equipment. Advanced Material Solutions provides sound deadening and weight reduction technology to the aerospace industry and products for etched composites, ceramics, glass, and silicon wafers. Digital Texturing Technology includes products related to patented and proprietary inkjet technology used for mold texturing and prototyping.
Executives
William C Ulland director, 10 percent owner
Joseph R Nerges 10 percent owner, other: Confidentiality agreement 1726 BUNDY ST, SCRANTON PA 18508
Kenneth D. Hegman officer: Chief Operating Officer 2202 FREDERICK STREET, DULUTH MN 55803
Glenn Sandgren director, officer: Chief Executive Officer 4832 GRAND AVENUE, DULUTH MN 55807
Darrell B Lee director C/O MOCON, INC., 7500 BOONE AVENUE NORTH, MINNEAPOLIS MN 55428
Harper Ernest M. Jr director 3016 EMERSON AVE S, MINNEAPOLIS MN 55408
Gregory W. Jackson director 4832 GRAND AVENUE, DULUTH MN 55807
Marianne Bohren director 4832 GRAND AVENUE, DULUTH MN 55807
David O Harris director
Gerald W Simonson director 7260 COMMERCE CIRCLE EAST, MINNEAPOLIS MN 55432
D Jeffrey Engbrecht director 4832 GRAND AVENUE, DULUTH MN 55807
Karl G. Shaw officer: Chief Technology Officer 307 E. 3RD STREET, APT 74, DULUTH MN 55805
Rondi Erickson director
H Leigh Severance director 100 FILMORE ST, STE 300, DENVER CO 80206
Lockwood Carlson director 4832 GRAND AVENUE, DULUTH MN 55807

Ikonics (Ikonics) Headlines

From GuruFocus

TeraWulf Inc. Joins the Bitcoin Mining Council

By PRNewswire PRNewswire 07-12-2021