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Hempalta (TSXV:HEMP) 12-1 Month Momentum % : N/A% (As of Mar. 15, 2025)


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What is Hempalta 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 (2025-03-15), Hempalta's 12-1 Month Momentum % is N/A%.

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

TSXV:HEMP's 12-1 Month Momentum % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: -2.34
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of Hempalta's 12-1 Month Momentum %

For the Farm Products subindustry, Hempalta'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.


Hempalta's 12-1 Month Momentum % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hempalta's 12-1 Month Momentum % distribution charts can be found below:

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



Hempalta  (TSXV:HEMP) 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.


Hempalta  (TSXV:HEMP) 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.


Hempalta 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Hempalta's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hempalta Business Description

Traded in Other Exchanges
N/A
Address
1560 Hastings Crescent SE, Calgary, AB, CAN, T2G 4E1
Hempalta Corp is focused on harnessing the immense potential of hemp. Its products are made from hemp grown sustainably in Alberta and processed using a processing plant at its production facility in Calgary. Its products include iochar, Hemp-Fresco, HempyCat, Animal Bedding, Hemp Garden Mulch, Hemp Pak, HempZorb, Hurd for Hempcrete, Bast Fiber, Hurd, Micro Hurd and Green Microfiber.