CAE (MEX:CAE) 12-1 Month Momentum % : -30.23% (As of Sep. 26, 2024)

View and export this data going back to 2020. Start your Free Trial

What is CAE 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 (2024-09-26), CAE's 12-1 Month Momentum % is -30.23%.

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

MEX:CAE's 12-1 Month Momentum % is ranked worse than
79.34% of 305 companies
in the Aerospace & Defense industry
Industry Median: 7.87 vs MEX:CAE: -30.23

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

For the Aerospace & Defense subindustry, CAE'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.

CAE's 12-1 Month Momentum % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CAE's 12-1 Month Momentum % distribution charts can be found below:

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

CAE (MEX:CAE) 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.

CAE (MEX:CAE) 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.

CAE 12-1 Month Momentum % Related Terms

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

CAE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CAE Inc (MEX:CAE) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

CAE:USA CE9:Germany CE9:Germany CAE:Canada

Address

8585 Cote de Liesse, Saint-Laurent, QC, CAN, H4T 1G6

Website

https://www.cae.com

CAE Inc provides training and aviation services, integrated enterprise solutions, in-service support, and crew-sourcing services. The company operations are managed through two segments: Civil Aviation which offers comprehensive training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation, a complete range of flight simulation training devices, ab initio pilot training, and crew sourcing services, as well as aircraft flight operations solutions; and Defense and Security which is a global training and simulation provider delivering scalable, platform-independent solutions that enable and enhance force readiness and security. It generates the majority of its revenue from the Civil Aviation segment.