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Lottomatica Group SpA (MIL:LTMC) 12-1 Month Momentum % : 23.86% (As of Dec. 11, 2024)


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What is Lottomatica Group SpA 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 (2024-12-11), Lottomatica Group SpA's 12-1 Month Momentum % is 23.86%.

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

MIL:LTMC's 12-1 Month Momentum % is ranked better than
74.43% of 872 companies
in the Travel & Leisure industry
Industry Median: -0.705 vs MIL:LTMC: 23.86

Competitive Comparison of Lottomatica Group SpA's 12-1 Month Momentum %

For the Gambling subindustry, Lottomatica Group SpA'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.


Lottomatica Group SpA's 12-1 Month Momentum % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lottomatica Group SpA's 12-1 Month Momentum % distribution charts can be found below:

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



Lottomatica Group SpA  (MIL:LTMC) 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.


Lottomatica Group SpA  (MIL:LTMC) 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.


Lottomatica Group SpA 12-1 Month Momentum % Related Terms

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Lottomatica Group SpA Business Description

Traded in Other Exchanges
Address
Via degli Aldobrandeschi, 300, Rome, ITA, 00163
Lottomatica Group SpA is an operator on the gaming market authorized by the Customs and Monopolies Agency. The group operates in various sectors namely Online (sports betting and online games); Betting (sports bets and games on a physical network); Gaming (AWP and VLT entertainment machines, direct management of gaming halls and proprietary AWPs) and d VLT (video lottery terminals) entertainment device networks and management of owned gaming halls and AWPs (Gaming Franchise).

Lottomatica Group SpA Headlines

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