MTR (MTRJF) 12-1 Month Momentum % : 16.76% (As of Dec. 14, 2024)

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What is MTR 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 (2024-12-14), MTR's 12-1 Month Momentum % is 16.76%.

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

MTRJF's 12-1 Month Momentum % is ranked worse than
58.73% of 1025 companies
in the Transportation industry
Industry Median: 3.37 vs MTRJF: 16.76

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

For the Railroads subindustry, MTR'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.

MTR's 12-1 Month Momentum % Distribution in the Transportation Industry

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

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

MTR (OTCPK:MTRJF) 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.

MTR (OTCPK:MTRJF) 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.

MTR 12-1 Month Momentum % Related Terms

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MTR Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MTR Corp Ltd (OTCPK:MTRJF) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

MTCPY:USA 00066:Hong Kong MRI:Germany

Address

33 Wai Yip Street, MTR Headquarters Building, GPO Box 9916, Telford Plaza, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.mtr.com.hk

MTR constructs and operates Hong Kong's rail network, giving it a monopoly position. In addition to rail operation, the firm makes recurring income from commercial business within the stations. This includes rental of retail outlets and advertisement within the station and investment properties in shopping malls above stations. Residential real estate development forms part of MTR's return for the rail operation. In a normalized environment, average operating profit is approximately 20% in rail operation, 60% in station commercial and property leasing business, and 20% in property development. The Hong Kong government owns 75% of MTR.