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RVRC Holding AB (OSTO:RVRC) 12-1 Month Momentum % : 67.30% (As of Jun. 09, 2024)


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What is RVRC Holding AB 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 (2024-06-09), RVRC Holding AB's 12-1 Month Momentum % is 67.30%.

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

OSTO:RVRC's 12-1 Month Momentum % is ranked better than
92.21% of 1091 companies
in the Retail - Cyclical industry
Industry Median: -5.02 vs OSTO:RVRC: 67.30

Competitive Comparison of RVRC Holding AB's 12-1 Month Momentum %

For the Apparel Retail subindustry, RVRC Holding AB'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.


RVRC Holding AB's 12-1 Month Momentum % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, RVRC Holding AB's 12-1 Month Momentum % distribution charts can be found below:

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



RVRC Holding AB  (OSTO:RVRC) 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.


RVRC Holding AB  (OSTO:RVRC) 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.


RVRC Holding AB 12-1 Month Momentum % Related Terms

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RVRC Holding AB (OSTO:RVRC) Business Description

Traded in Other Exchanges
Address
Nils Jakobsonsgatan 5, Boras, SWE, 504 30
RVRC Holding AB offers high-quality outdoor apparel and apparel for an active lifestyle to customers through its online store. The company offers multifunctional apparel under its own brand RevolutionRace focusing on customers predominantly within the 18-70 age category. It conducts its operations within the scope of a digital D2C business model, entailing that sales take place exclusively online with products offered directly to customers.

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