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Kali (KALY) 12-1 Month Momentum % : N/A% (As of May. 03, 2024)


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What is Kali 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 (2024-05-03), Kali's 12-1 Month Momentum % is N/A%.

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

KALY's 12-1 Month Momentum % is not ranked *
in the Drug Manufacturers industry.
Industry Median: -7.37
* Ranked among companies with meaningful 12-1 Month Momentum % only.

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

For the Drug Manufacturers - Specialty & Generic subindustry, Kali'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.


Kali's 12-1 Month Momentum % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Kali's 12-1 Month Momentum % distribution charts can be found below:

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



Kali  (OTCPK:KALY) 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.


Kali  (OTCPK:KALY) 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.


Kali 12-1 Month Momentum % Related Terms

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Kali (KALY) Business Description

Traded in Other Exchanges
N/A
Address
8300 Douglas Avenue, Suite 800, Dallas, TX, USA, 75225
Kali Inc is a United States based company involved in cannabis extraction business. It focuses on development of pharmaceuticals to treat various illnesses, diseases and chronic pain as a symptom of various diagnoses. The company also concentrates on the development of health and wellness therapies.
Executives
Tchaikovsky Bennet Price Jr officer: Chief Financial Officer 11601 WILSHIRE BOULEVARD, SUITE 2150, LOS ANGELES CA 90025
Ying Teresa Zhang director NO. 9 YANYU MIDDLE ROAD, QIANZHOU VILLAGE, HUISHAN DISTRICT, WUXI JIANGSU F4 214181
Bradley W Miller director, 10 percent owner, officer: CEO BLOCK C FLAT 410, LOTUS HILL GOLF APTS., LOTUS HILL TOWN, PANYU DISTRICT, GUANGZHOU F4 511440