Action (WAR:ACT) 12-1 Month Momentum % : 8.93% (As of Jun. 09, 2024)

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What is Action 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 (2024-06-09), Action's 12-1 Month Momentum % is 8.93%.

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

WAR:ACT's 12-1 Month Momentum % is ranked better than
65.62% of 2432 companies
in the Hardware industry
Industry Median: -6.02 vs WAR:ACT: 8.93

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

For the Computer Hardware subindustry, Action'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.

Action's 12-1 Month Momentum % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Action's 12-1 Month Momentum % distribution charts can be found below:

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

Action (WAR:ACT) 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.

Action (WAR:ACT) 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.

Action 12-1 Month Momentum % Related Terms

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Action (WAR:ACT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Action SA (WAR:ACT) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Dawidowska 10, Zamienie, Piaseczno, POL, 05-500

Website

https://www.action.pl

Action SA is a Poland-based company that operates in the computer business. The company, through its subsidiaries, is engaged in the sale of IT equipment, consumer electronics, and household appliances through wholesalers, own outlets, and third-party shops. The Group conducts its sales operations primarily in the Poland market. The company's core business is the wholesale trade in computer accessories, and it derives revenue from the sale of products.