MRS Logistica (BSP:MRSA3B) 12-1 Month Momentum %

: 7.69% (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), MRS Logistica's 12-1 Month Momentum % is 7.69%.

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

BSP:MRSA3B's 12-1 Month Momentum % is ranked better than
60.6% of 1028 companies
in the Transportation industry
Industry Median: -1.21 vs BSP:MRSA3B: 7.69

Competitive Comparison

For the Railroads subindustry, MRS Logistica'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.

MRS Logistica 12-1 Month Momentum % Distribution

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

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

MRS Logistica (BSP:MRSA3B) 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.

MRS Logistica (BSP:MRSA3B) 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.

MRS Logistica 12-1 Month Momentum % Related Terms

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MRS Logistica (BSP:MRSA3B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MRS Logistica SA (BSP:MRSA3B) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

MRSA6B:Brazil MRSA5B:Brazil

Address

Praia de Botafogo 228, Sala 1201 E, Rio de Janeiro, RJ, BRA, 22250906

Website

http://www.mrs.com.br

MRS Logistica SA is a publicly-held corporation engaged in the transportation services. The company operates a public railway transportation concession in the Southeast network, located in the States of Rio de Janeiro, Sao Paulo, and Minas Gerais. It interconnects the states of Rio de Janeiro, Minas Gerais, and Sao Paulo, spanning through the region that concentrates approximately 50% of Brazil's gross domestic product. Through MRS' railways, it also provides transport to reach the ports of Itaguai and Santos and Latin America. The company generates its entire revenue from providing cargo transport services in the Southeast Brazil.

MRS Logistica (BSP:MRSA3B) Headlines

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