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Ovivo (LVGAF) 12-1 Month Momentum % : N/A% (As of May. 27, 2024)


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What is Ovivo 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 (2024-05-27), Ovivo's 12-1 Month Momentum % is N/A%.

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

LVGAF's 12-1 Month Momentum % is not ranked *
in the Industrial Products industry.
Industry Median: -3.695
* Ranked among companies with meaningful 12-1 Month Momentum % only.

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

For the Pollution & Treatment Controls subindustry, Ovivo'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.

Ovivo's 12-1 Month Momentum % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ovivo's 12-1 Month Momentum % distribution charts can be found below:

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


Ovivo  (OTCPK:LVGAF) 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.

Ovivo  (OTCPK:LVGAF) 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.

Ovivo 12-1 Month Momentum % Related Terms

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Ovivo (LVGAF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ovivo Inc (OTCPK:LVGAF) » Definitions » 12-1 Month Momentum %
Comparable Companies
SZSE:000820 TSE:6328 PGTK TPE:1535 SZSE:002499 HKSE:00556 BOM:500214 LIQT HKSE:02377 TSXV:QST ASX:FLC HKSE:01296 XKRX:009440 LSE:AFS TPE:6641 OCSE:WATURU XKRX:119650 PPIH TSE:6489 SZSE:300362
Traded in Other Exchanges
N/A
Address
Website
http://www.glv.com
Ovivo Inc was incorporated in May 15, 2007 in Canada. The Company is a provider of technological solutions used in water treatment well as in pulp and paper production. The Corporation operates in more than 25 countries. The Company and its subsidiaries conduct their activities in two main groups: Ovivo and GL&V Pulp and Paper. The Water Treatment Group (Ovivo) designs and markets treatment and recycling solutions and components for municipal and industrial wastewater as well as water used in various industrial processes. The Group also develops seawater desalination technologies and offers water intake screening solutions for power stations, refineries and water desalination facilities. With its technological portfolio, it is positioned to provide comprehensive solutions for the filtration, clarification, treatment and purification of water to be returned into the environment, re-used in various industrial processes or used for domestic purposes. The pulp and paper Group designs and markets equipment used in various stages of paper production, from pulp preparation to sheet formation and finishing. It also serves with rebuilding, upgrading and optimization services for existing equipment, as well as the sale of replacement parts. The Company operates in following geographic segment: United States, Canada, United Kingdom, Other - Europe and Russia, Asia and Asia-Pacific, Middle East and Africa & Latin America.