Baron Oil (LSE:BOIL) 12-1 Month Momentum % : -32.67% (As of Jun. 16, 2024)

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What is Baron Oil 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 (2024-06-16), Baron Oil's 12-1 Month Momentum % is -32.67%.

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

LSE:BOIL's 12-1 Month Momentum % is ranked worse than
81.78% of 1081 companies
in the Oil & Gas industry
Industry Median: 4.17 vs LSE:BOIL: -32.67

Competitive Comparison of Baron Oil's 12-1 Month Momentum %

For the Oil & Gas E&P subindustry, Baron Oil'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.

Baron Oil's 12-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Baron Oil's 12-1 Month Momentum % distribution charts can be found below:

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

Baron Oil (LSE:BOIL) 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.

Baron Oil (LSE:BOIL) 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.

Baron Oil 12-1 Month Momentum % Related Terms

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Baron Oil (LSE:BOIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Baron Oil PLC (LSE:BOIL) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

BOIL.GB:UK GHA:Germany

Address

5-7 Cranwood Street, Finsgate, London, GBR, EC1V 9EE

Website

https://www.baronoilplc.com

Baron Oil PLC is an UK Based independent oil and gas exploration and production company. The company is primarily engaged in the exploration, development, and production of oil and gas reserves, and other related activities. It currently operates in three geographical markets: South America, which has been involved in production, development and exploration activity, South East Asia where production, development and exploration activity is being assessed, and the United Kingdom is the head office and where exploration activity is taking place.