ACEA SpA (ACEA SpA) 12-1 Month Momentum % : -0.86% (As of Apr. 30, 2024)

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What is ACEA SpA 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), ACEA SpA's 12-1 Month Momentum % is -0.86%.

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

ACEJF's 12-1 Month Momentum % is ranked better than
76.1% of 569 companies
in the Utilities - Regulated industry
Industry Median: -1.69 vs ACEJF: -0.86

Competitive Comparison of ACEA SpA's 12-1 Month Momentum %

For the Utilities - Diversified subindustry, ACEA SpA'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.

ACEA SpA's 12-1 Month Momentum % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, ACEA SpA's 12-1 Month Momentum % distribution charts can be found below:

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

ACEA SpA (OTCPK:ACEJF) 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.

ACEA SpA (OTCPK:ACEJF) 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.

ACEA SpA 12-1 Month Momentum % Related Terms

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ACEA SpA (ACEA SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » ACEA SpA (OTCPK:ACEJF) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

ACE:Italy 0MHD:UK DCA:Germany

Address

Piazzale Ostiense, 2, Roma, ITA, 00154

Website

https://www.gruppo.acea.it

ACEA SpA is an Italian-based electricity and water utility company. It operates chiefly in Rome and other cities in Lazio, a central Italian region. With the help of its various subsidiaries and numerous ventures, Acea produces and sells energy, utilities, and environmental products and services. The company derives a majority of its revenue from its water segment (drinking water and sewage system), with additional revenue coming from its energy (electricity and natural gas), networks (distribution services), and environmental (research and development and consultancy services) segments.