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Bic (BICEF) 12-1 Month Momentum % : 11.38% (As of Apr. 27, 2024)


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What is Bic 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 (2024-04-27), Bic's 12-1 Month Momentum % is 11.38%.

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

BICEF's 12-1 Month Momentum % is ranked better than
70.19% of 1969 companies
in the Consumer Packaged Goods industry
Industry Median: -2.43 vs BICEF: 11.38

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

For the Household & Personal Products subindustry, Bic'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.


Bic's 12-1 Month Momentum % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bic's 12-1 Month Momentum % distribution charts can be found below:

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



Bic  (OTCPK:BICEF) 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.


Bic  (OTCPK:BICEF) 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.


Bic 12-1 Month Momentum % Related Terms

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Bic (BICEF) Business Description

Traded in Other Exchanges
Address
14 rue Jeanne-d'Asnieres, Clichy Cedex, Paris, FRA, 92611
Bic SA manufactures and markets writing instruments, lighters, shavers, advertising, and promotional products in France and globally. The company offers its products through various channels stationery stores, office supplies companies, convenience stores, distributors, wholesalers, cash-and-carry stores, e-commerce. Its main well-known brands are BIC, BIC Kids, BIC Graphic, BIC Matic, BIC Tipp-Ex, Wite-Out, Ecolutions, and Cello. By net sales, the biggest market is North America, followed by Europe and the developing markets (Middle East, Africa, Latin America, and Asia).