Nordstrom (BSP:J1WN34) 12-1 Month Momentum %

: 5.92% (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 (2024-04-19), Nordstrom's 12-1 Month Momentum % is 5.92%.

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

BSP:J1WN34's 12-1 Month Momentum % is ranked better than
54.98% of 1095 companies
in the Retail - Cyclical industry
Industry Median: -4.84 vs BSP:J1WN34: 5.92

Competitive Comparison

For the Department Stores subindustry, Nordstrom'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.

Nordstrom 12-1 Month Momentum % Distribution

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

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

Nordstrom (BSP:J1WN34) 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.

Nordstrom (BSP:J1WN34) 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.

Nordstrom 12-1 Month Momentum % Related Terms

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Nordstrom (BSP:J1WN34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nordstrom Inc (BSP:J1WN34) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

JWN:USA JWN:Mexico NRD:Germany NRD:Germany

Address

1617 Sixth Avenue, Seattle, WA, USA, 98101

Website

https://www.Nordstrom.com

Nordstrom is a fashion retailer that operates about 93 department stores and approximately 260 off-price Nordstrom Rack stores. The company also operates both full- and off-price e-commerce sites, two clearance stores, and seven Local locations. Nordstrom's largest merchandise categories are women's apparel (28% of 2022 sales), shoes (26% of 2022 sales), men's apparel (15% of 2022 sales), and women's accessories (13% of 2022 sales). Nordstrom, which traces its history to a shoe store opened in Seattle in 1901, continues to be partially owned and managed by members of the eponymous family.

Nordstrom (BSP:J1WN34) Headlines

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