CVC (ASX:CVC) 12-1 Month Momentum %

: -2.81% (As of Today)

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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-16), CVC's 12-1 Month Momentum % is -2.81%.

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

ASX:CVC's 12-1 Month Momentum % is ranked worse than
58.35% of 1748 companies
in the Asset Management industry
Industry Median: 0.305 vs ASX:CVC: -2.81

Competitive Comparison

For the Asset Management subindustry, CVC'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.

CVC 12-1 Month Momentum % Distribution

For the Asset Management industry and Financial Services sector, CVC's 12-1 Month Momentum % distribution charts can be found below:

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

CVC (ASX:CVC) 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.

CVC (ASX:CVC) 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.

CVC 12-1 Month Momentum % Related Terms

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CVC (ASX:CVC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CVC Ltd (ASX:CVC) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 40, Governor Philip Tower, Suite 4, 1 Farrer Place, Sydney, NSW, AUS, 2000

Website

https://www.cvc.com.au

CVC Ltd is a diversified investment company that invests patient capital in a combination of listed, unlisted, and property investments. It is organized into the following business segments: Property Investment, Non-Property Investment. Property Investment includes investments in property-related ordinary equity, preferred equity, joint ventures, options to acquire an interest in direct property subject to planning outcomes, and property-backed lending comprising loans backed by underlying property assets. Non-Property Investment comprises listed investments, unlisted investments, and secured lending opportunities that are non-property related. It also includes receivables, litigation claims, and other investments. The company operates predominantly in Australia.