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Yancoal Australia (Yancoal Australia) 12-1 Month Momentum % : -1.10% (As of Apr. 30, 2024)


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What is Yancoal Australia 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 (2024-04-30), Yancoal Australia's 12-1 Month Momentum % is -1.10%.

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

YACAF's 12-1 Month Momentum % is ranked worse than
55.8% of 181 companies
in the Other Energy Sources industry
Industry Median: 1.75 vs YACAF: -1.10

Competitive Comparison of Yancoal Australia's 12-1 Month Momentum %

For the Thermal Coal subindustry, Yancoal Australia'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.


Yancoal Australia's 12-1 Month Momentum % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Yancoal Australia's 12-1 Month Momentum % distribution charts can be found below:

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



Yancoal Australia  (OTCPK:YACAF) 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.


Yancoal Australia  (OTCPK:YACAF) 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.


Yancoal Australia 12-1 Month Momentum % Related Terms

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Yancoal Australia (Yancoal Australia) Business Description

Traded in Other Exchanges
Address
201 Sussex Street, Level 18, Darling Park Tower 2, Sydney, NSW, AUS, 2000
Yancoal Australia Ltd is involved in identifying, developing, and operating coal-related projects in Australia. It has a diversified product mix of metallurgical and thermal coal mines in New South Wales and Queensland. The company generates maximum revenue from the New South Wales segment. Non-operating items of the Group are presented in Corporate segment which includes administrative expenses, foreign exchange gains and losses recycled from hedge reserve, and elimination of intersegment transactions and other consolidation adjustments. It operates coal mines in the Hunter Valley and mid-Western region of New South Wales and open-cut mines in Queensland's Bowen Basin. The company's geographical markets include Japan, Singapore, China, South Korea, Taiwan, Thailand, and other countries.

Yancoal Australia (Yancoal Australia) Headlines