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MOBI Industry Co (SAU:9517) 12-1 Month Momentum % : 72.66% (As of Dec. 14, 2024)


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What is MOBI Industry Co 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), MOBI Industry Co's 12-1 Month Momentum % is 72.66%.

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

SAU:9517's 12-1 Month Momentum % is ranked better than
93.57% of 1556 companies
in the Chemicals industry
Industry Median: -2.42 vs SAU:9517: 72.66

Competitive Comparison of MOBI Industry Co's 12-1 Month Momentum %

For the Chemicals subindustry, MOBI Industry Co'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.


MOBI Industry Co's 12-1 Month Momentum % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, MOBI Industry Co's 12-1 Month Momentum % distribution charts can be found below:

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



MOBI Industry Co  (SAU:9517) 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.


MOBI Industry Co  (SAU:9517) 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.


MOBI Industry Co 12-1 Month Momentum % Related Terms

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MOBI Industry Co Business Description

Traded in Other Exchanges
N/A
Address
220 Second Industrial City Street, P.O. Box 1239, Riyadh, SAU, 11431
MOBI Industry Co is a Saudi Arabia-based company. It engaged in the manufacture of fertilizers and nitrogenous compounds, the manufacture of phosphate and potash fertilizers, the manufacture of plastics in their primary forms, the manufacture of household insect and rodenticides, the manufacture of soap in all its forms, including (paste, liquid, and dry), the manufacture shampoos and industrial detergents, Manufacture of floor, glass, and furniture polishes and scouring powders, manufacture of washing and cleaning materials and preparations, manufacture of preparations for perfuming rooms and removing odors, and manufacturing of bottles of various forms of plastics. It has two segments Fertilizers segment and the Detergent segment.

MOBI Industry Co Headlines

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