12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-30), PBF Energy's 12-1 Month Momentum % is 65.15%.
The industry rank for PBF Energy's 12-1 Month Momentum % or its related term are showing as below:
PBF's 12-1 Month Momentum % is ranked better than 89.74% of 1092
companies
in the Oil & Gas industry
Industry Median: -0.245
vs PBF: 65.15
Competitive Comparison of PBF Energy's 12-1 Month Momentum %
For the Oil & Gas Refining & Marketing subindustry, PBF Energy'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.
PBF Energy's 12-1 Month Momentum % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PBF Energy's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where PBF Energy's 12-1 Month Momentum % falls into.
PBF Energy (NYSE:PBF) 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.
PBF Energy (NYSE:PBF) 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.
PBF Energy 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of PBF Energy's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana. The Company operates in two reportable business segments: Refining and Logistics. The Company's oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products and are aggregated into the Refining segment. PBFX operates logistics assets such as crude oil and refined products terminals, pipelines and storage facilities. The Logistics segment consists solely of PBFX's operations.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PBF has been successfully added to your