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Fuse Battery Metals (STU:43W0) 12-1 Month Momentum % : -74.59% (As of Dec. 15, 2024)


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What is Fuse Battery Metals 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 (2024-12-15), Fuse Battery Metals's 12-1 Month Momentum % is -74.59%.

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

STU:43W0's 12-1 Month Momentum % is ranked worse than
97.21% of 2545 companies
in the Metals & Mining industry
Industry Median: -14.71 vs STU:43W0: -74.59

Competitive Comparison of Fuse Battery Metals's 12-1 Month Momentum %

For the Other Industrial Metals & Mining subindustry, Fuse Battery Metals'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.


Fuse Battery Metals's 12-1 Month Momentum % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fuse Battery Metals's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Fuse Battery Metals's 12-1 Month Momentum % falls into.



Fuse Battery Metals  (STU:43W0) 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.


Fuse Battery Metals  (STU:43W0) 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.


Fuse Battery Metals 12-1 Month Momentum % Related Terms

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Fuse Battery Metals Business Description

Traded in Other Exchanges
Address
3028 Quadra Court, Coquitlam, BC, CAN, V3B 5X6
Fuse Battery Metals Inc is a Canada-based company engaged in the exploration and development of exploration and evaluation properties. The company currently holds interests in exploration and evaluation properties in the province of Ontario, Canada, and the state of Nevada, USA. Its projects include the Glencore Bucke Cobalt property, Teledyne Cobalt property and Teels Marsh property.

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