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MGWFF (Maple Leaf Green World) 12-1 Month Momentum % : 150.00% (As of Dec. 13, 2024)


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What is Maple Leaf Green World 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 (2024-12-13), Maple Leaf Green World's 12-1 Month Momentum % is 150.00%.

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

MGWFF's 12-1 Month Momentum % is ranked better than
65.38% of 1063 companies
in the Drug Manufacturers industry
Industry Median: -2.52 vs MGWFF: 150.00

Competitive Comparison of Maple Leaf Green World's 12-1 Month Momentum %

For the Drug Manufacturers - Specialty & Generic subindustry, Maple Leaf Green World'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.


Maple Leaf Green World's 12-1 Month Momentum % Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Maple Leaf Green World's 12-1 Month Momentum % falls into.



Maple Leaf Green World  (OTCPK:MGWFF) 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.


Maple Leaf Green World  (OTCPK:MGWFF) 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.


Maple Leaf Green World 12-1 Month Momentum % Related Terms

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Maple Leaf Green World Business Description

Traded in Other Exchanges
Address
1222 - 11th Avenue SW, Suite 203, Calgary, AB, CAN, T3C 0M4
Maple Leaf Green World Inc is focused on the health and wellness industry in North America and China. It has a hemp project in Southern California and an essential oil project in China. With over 10 years of extensive greenhouse management experience, the company applies its eco-agriculture knowledge and cultivation technology to produce contaminant-free hemp products. Maple Leaf's long-term objective is to produce hemp and essential oils for North America and international markets.

Maple Leaf Green World Headlines

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