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Laboratorio Reig Jofre (LTS:0RB1) 12-1 Month Momentum % : 24.09% (As of Oct. 31, 2024)


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What is Laboratorio Reig Jofre 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 (2024-10-31), Laboratorio Reig Jofre's 12-1 Month Momentum % is 24.09%.

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

LTS:0RB1's 12-1 Month Momentum % is ranked better than
59.22% of 1057 companies
in the Drug Manufacturers industry
Industry Median: 2.86 vs LTS:0RB1: 24.09

Competitive Comparison of Laboratorio Reig Jofre's 12-1 Month Momentum %

For the Drug Manufacturers - Specialty & Generic subindustry, Laboratorio Reig Jofre'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.


Laboratorio Reig Jofre's 12-1 Month Momentum % Distribution in the Drug Manufacturers Industry

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

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



Laboratorio Reig Jofre  (LTS:0RB1) 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.


Laboratorio Reig Jofre  (LTS:0RB1) 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.


Laboratorio Reig Jofre 12-1 Month Momentum % Related Terms

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Laboratorio Reig Jofre Business Description

Traded in Other Exchanges
Address
Avenida de les Flors, Sant Joan Despi, Barcelona, ESP, 08970
Laboratorio Reig Jofre SA is a healthcare and pharmaceutical developing company. The company focuses on the development of technological-specialization products (antibiotics and injectable products); therapeutic-specialization products in the areas of dermatology, gynecology and respiratory; and consumer healthcare products. It has a broad portfolio of products that the company divides into three categories: products from specialized technology such as antibiotics, injectable, and freeze-dried products.

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