GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Me Today Ltd (NZSE:MEE) » Definitions » 12-1 Month Momentum %

Me Today (NZSE:MEE) 12-1 Month Momentum % : -54.48% (As of Dec. 12, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Me Today 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 (2024-12-12), Me Today's 12-1 Month Momentum % is -54.48%.

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

NZSE:MEE's 12-1 Month Momentum % is ranked worse than
94.81% of 1984 companies
in the Consumer Packaged Goods industry
Industry Median: 0.62 vs NZSE:MEE: -54.48

Competitive Comparison of Me Today's 12-1 Month Momentum %

For the Packaged Foods subindustry, Me Today'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.


Me Today's 12-1 Month Momentum % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Me Today's 12-1 Month Momentum % distribution charts can be found below:

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



Me Today  (NZSE:MEE) 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.


Me Today  (NZSE:MEE) 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.


Me Today 12-1 Month Momentum % Related Terms

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


Me Today Business Description

Traded in Other Exchanges
N/A
Address
25 Broadway, Level 1, Newmarket, Auckland, NZL, 1141
Me Today Ltd is engaged in providing general health supplements and skincare products. It produces, sells, and markets health and wellbeing products or acts as an agent on behalf of other health and wellbeing suppliers. The company also produces and distributes premium manuka honey. Some of the products offered by the company are sleep supplements, immunity supplements, multivitamin skincare, skincare serums, lozenges, and others. Its operating segments are the Sale of goods, Agency services, and Honey. Maximum revenue is generated from its Honey segment which produces premium manuka honey. Geographically, the company generates maximum revenue from New Zealand and the rest from Europe and the United States of America.

Me Today Headlines

No Headlines