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TPET (Trio Petroleum) 12-1 Month Momentum % : -69.54% (As of Dec. 15, 2024)


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What is Trio Petroleum 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), Trio Petroleum's 12-1 Month Momentum % is -69.54%.

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

TPET's 12-1 Month Momentum % is ranked worse than
95.81% of 1051 companies
in the Oil & Gas industry
Industry Median: -1.12 vs TPET: -69.54

Competitive Comparison of Trio Petroleum's 12-1 Month Momentum %

For the Oil & Gas E&P subindustry, Trio Petroleum'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.


Trio Petroleum's 12-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Trio Petroleum's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Trio Petroleum's 12-1 Month Momentum % falls into.



Trio Petroleum  (AMEX:TPET) 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.


Trio Petroleum  (AMEX:TPET) 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.


Trio Petroleum 12-1 Month Momentum % Related Terms

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Trio Petroleum Business Description

Traded in Other Exchanges
N/A
Address
4115 Blackhawk Plaza Circle, Suite 100, Danville, CA, USA, 94506
Trio Petroleum Corp is a California-focused oil and gas exploration and development company. It acquires, fund, and operate oil exploration and production from assets in California.
Executives
Thomas J Pernice director 227 WEST MONROE, SUITE 3900, CHICAGO IL 60606
Frank C Ingriselli director, officer: Chief Executive Officer 250 EAST HARTSDALE AVE, HARTSDALE NY 10530
John W. Randall director C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506
Gregory L Overholtzer officer: Chief Financial Officer 120 ROSE ORCHARD WAY, SAN JOSE CA 95134
Michael L Peterson director 17 CANARY COURT, DANVILLE CA 94526
John Hunter William director 930 TAHOE BOULEVARD, SUITE 802-16, INCLINE VILLAGE NV 89451
Robin A. Ross director C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506
Steve Rowlee officer: Chief Operating Officer C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506
Terry Eschner officer: President C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506
Stanford Eschner director, officer: Executive Chairman C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506