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Filtra Consultants and Engineers (BOM:539098) 12-1 Month Momentum %

: 174.91% (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 (2023-05-30), Filtra Consultants and Engineers's 12-1 Month Momentum % is 174.91%.

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

BOM:539098's 12-1 Month Momentum % is ranked better than
98.49% of 2778 companies
in the Industrial Products industry
Industry Median: 5.01 vs BOM:539098: 174.91

Competitive Comparison

For the Pollution & Treatment Controls subindustry, Filtra Consultants and Engineers'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.

   

Filtra Consultants and Engineers 12-1 Month Momentum % Distribution

For the Industrial Products industry and Industrials sector, Filtra Consultants and Engineers's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Filtra Consultants and Engineers's 12-1 Month Momentum % falls in comparison to its industry or sector. The grey bar indicates the 12-1 Month Momentum %'s extreme value range as defined by GuruFocus.



Filtra Consultants and Engineers  (BOM:539098) 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.


Filtra Consultants and Engineers  (BOM:539098) 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.


Filtra Consultants and Engineers 12-1 Month Momentum % Related Terms

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Filtra Consultants and Engineers (BOM:539098) Business Description

Filtra Consultants and Engineers logo
Traded in Other Exchanges
N/A
Address
Sahakar Wadi, Off Aarey Road, 1501, Synergy Business Park, Near Synthofine Industrial Estate, Goregaon (East), Mumbai, MH, IND, 400063
Filtra Consultants and Engineers Ltd is an India based company engaged in the business of selling water treatment products and provides related services. It trades in water treatment products such as multiport valves, dosing systems, electronic dosing pumps, pressure vessels, conductivity meters, rotameters, among others. The company also has a business-to-business (B2B) e-commerce website for water treatment components. Its business activity falls under the primary segment of the Trading and manufacturing activity of the water treatment system. The organization sells its products in India and also exports them internationally.

Filtra Consultants and Engineers (BOM:539098) Headlines

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