Monteiro Aranha (BSP:MOAR3) 12-1 Month Momentum %

: 5.41% (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 (2024-04-23), Monteiro Aranha's 12-1 Month Momentum % is 5.41%.

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

BSP:MOAR3's 12-1 Month Momentum % is ranked better than
52.07% of 580 companies
in the Conglomerates industry
Industry Median: 4.065 vs BSP:MOAR3: 5.41

Competitive Comparison

For the Conglomerates subindustry, Monteiro Aranha'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.

Monteiro Aranha 12-1 Month Momentum % Distribution

For the Conglomerates industry and Industrials sector, Monteiro Aranha's 12-1 Month Momentum % distribution charts can be found below:

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

Monteiro Aranha (BSP:MOAR3) 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.

Monteiro Aranha (BSP:MOAR3) 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.

Monteiro Aranha 12-1 Month Momentum % Related Terms

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Monteiro Aranha (BSP:MOAR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Monteiro Aranha SA (BSP:MOAR3) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av. Afranio de Melo Franco, 290, pav. L2, Room 101-A (Shopping Leblon), Leblon, Rio de Janeiro, RJ, BRA, 22430-060

Website

https://www.monteiroaranha.com.br

Monteiro Aranha SA, through its subsidiaries is engaged in financial, real estate and industrial sectors. The company's subsidiaries produce pulp and paper, petrochemicals, glass containers, and telecommunication equipments. It is involved in the manufacture, export, and recycling of paper; and production and sale of wood in logs, as well as offers packaging papers, corrugated packaging, and industrial bags. The company also distributes fuel and LPG; produces ethylene oxide and its derivatives, specialty chemicals, fatty alcohols, and co-products.

Monteiro Aranha (BSP:MOAR3) Headlines

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