Central Retail PCL (BKK:CRC) 12-1 Month Momentum % : -19.23% (As of May. 11, 2024)

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What is Central Retail PCL 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 (2024-05-11), Central Retail PCL's 12-1 Month Momentum % is -19.23%.

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

BKK:CRC's 12-1 Month Momentum % is ranked worse than
68.4% of 1095 companies
in the Retail - Cyclical industry
Industry Median: -3.91 vs BKK:CRC: -19.23

Competitive Comparison of Central Retail PCL's 12-1 Month Momentum %

For the Department Stores subindustry, Central Retail PCL'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.

Central Retail PCL's 12-1 Month Momentum % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Central Retail PCL's 12-1 Month Momentum % distribution charts can be found below:

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

Central Retail PCL (BKK:CRC) 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.

Central Retail PCL (BKK:CRC) 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.

Central Retail PCL 12-1 Month Momentum % Related Terms

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Central Retail PCL (BKK:CRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Central Retail Corp PCL (BKK:CRC) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

CRC-F:Thailand

Address

22 Soi Somkid, Ploenchit Road, Kwang Lumpini, Khet Phathumvan, Bangkok, THA, 10330

Website

https://www.centralretail.com

Central Retail Corp PCL is a multi-format & multi-category retailing platform in Thailand. It is a pioneer in omnichannel retailing in Thailand, complementing its retail store network & merchandise offerings with positions among store-based retailers in online traffic. The company uses the Central trademarks, service marks, & tradenames in business operations under certain licensing agreements. The company has introduced new retail formats to the customer, including department stores, specialty stores, supermarkets, hypermarkets, convenience stores & retail plazas. It operates under a diverse slate of retail banners divided into three segments, namely, Hardline, Food Products & Fashion. The majority is generated from Food Products. Geographically, the majority of revenue is from Thailand.