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Arendals Fossekompani ASA (OSL:AFK) 12-1 Month Momentum % : -21.25% (As of Mar. 14, 2025)


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What is Arendals Fossekompani ASA 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 (2025-03-14), Arendals Fossekompani ASA's 12-1 Month Momentum % is -21.25%.

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

OSL:AFK's 12-1 Month Momentum % is ranked worse than
79.51% of 615 companies
in the Conglomerates industry
Industry Median: -1.94 vs OSL:AFK: -21.25

Competitive Comparison of Arendals Fossekompani ASA's 12-1 Month Momentum %

For the Conglomerates subindustry, Arendals Fossekompani ASA'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.


Arendals Fossekompani ASA's 12-1 Month Momentum % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Arendals Fossekompani ASA's 12-1 Month Momentum % distribution charts can be found below:

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



Arendals Fossekompani ASA  (OSL:AFK) 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.


Arendals Fossekompani ASA  (OSL:AFK) 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.


Arendals Fossekompani ASA 12-1 Month Momentum % Related Terms

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Arendals Fossekompani ASA Business Description

Traded in Other Exchanges
Address
Langbryggen 9, Arendal, NOR, 4841
Arendals Fossekompani ASA is an industrial investment company holding several core investments and a portfolio of financial investments. The company has proud traditions in power production and owns and operates two hydropower plants, and also runs several property development projects. In addition, the firm operates globally in many forward-looking industries including 3D printing, algo trading, satellite services, battery and solar technology, software and digitalization, as well as various green energy technologies. The company has 10 operating segments; Hydropower, Group Management, Volue, NSSLGIobaI, ENRX, Tekna, AFK Property, Alytic, Ampwell, and Vergia.

Arendals Fossekompani ASA Headlines