Alaska Air Group (BSP:A1LK34) 12-1 Month Momentum %

: -9.53% (As of Today)

View and export this data going back to 2020. Start your Free Trial

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-15), Alaska Air Group's 12-1 Month Momentum % is -9.53%.

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

BSP:A1LK34's 12-1 Month Momentum % is ranked worse than
60.83% of 1034 companies
in the Transportation industry
Industry Median: 0.14 vs BSP:A1LK34: -9.53

Competitive Comparison

For the Airlines subindustry, Alaska Air Group'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.

Alaska Air Group 12-1 Month Momentum % Distribution

For the Transportation industry and Industrials sector, Alaska Air Group's 12-1 Month Momentum % distribution charts can be found below:

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

Alaska Air Group (BSP:A1LK34) 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.

Alaska Air Group (BSP:A1LK34) 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.

Alaska Air Group 12-1 Month Momentum % Related Terms

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

Alaska Air Group (BSP:A1LK34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Alaska Air Group Inc (BSP:A1LK34) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

ALK:USA ALK:Germany

Address

19300 International Boulevard, Seattle, WA, USA, 98188

Website

https://www.alaskaair.com

Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments. The Mainline segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.

Alaska Air Group (BSP:A1LK34) Headlines

No Headlines