Ampol (ASX:ALD) 12-1 Month Momentum % : 40.65% (As of May. 06, 2024)

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What is Ampol 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 (2024-05-06), Ampol's 12-1 Month Momentum % is 40.65%.

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

ASX:ALD's 12-1 Month Momentum % is ranked better than
78.12% of 1097 companies
in the Oil & Gas industry
Industry Median: 5.16 vs ASX:ALD: 40.65

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

For the Oil & Gas Refining & Marketing subindustry, Ampol'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.

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

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

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

Ampol (ASX:ALD) 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.

Ampol (ASX:ALD) 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.

Ampol 12-1 Month Momentum % Related Terms

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

Ampol (ASX:ALD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ampol Ltd (ASX:ALD) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

CTXAY:USA CTXAF:USA ALD:New Zealand CLZ:Germany

Address

29-33 Bourke Road, Alexandria, Sydney, NSW, AUS, 2015

Website

https://www.ampol.com.au

Ampol (nee Caltex) is the largest and only Australian-listed petroleum refiner and distributor, with operations in all states and territories. It was a major international brand of Chevron's until that 50% owner sold out in 2015. Caltex transitioned to Ampol branding due to Chevron terminating its licence to use the Caltex brand in Australia. Ampol has operated for more than 100 years. It owns and operates a refinery at Lytton in Brisbane, but closed Sydney's Kurnell refinery to focus on the more profitable distribution/retail segment. It successfully completed a NZD 2.0 billion bid for New Zealand peer Z Energy in first-half 2022.

Ampol (ASX:ALD) Headlines

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