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Tecnosolo Engenharia (BSP:TCNO3) 12-1 Month Momentum %

: -33.33% (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 (2022-12-09), Tecnosolo Engenharia's 12-1 Month Momentum % is -33.33%.

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

BSP:TCNO3's 12-1 Month Momentum % is ranked worse than
75.5% of 1714 companies
in the Construction industry
Industry Median: -13.38 vs BSP:TCNO3: -33.33

Tecnosolo Engenharia (BSP:TCNO3) 12-1 Month Momentum % Competitive Comparison

For the Engineering & Construction subindustry, Tecnosolo Engenharia'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.

   

Tecnosolo Engenharia (BSP:TCNO3) 12-1 Month Momentum % Distribution

For the Construction industry and Industrials sector, Tecnosolo Engenharia's 12-1 Month Momentum % distribution charts can be found below:

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



Tecnosolo Engenharia  (BSP:TCNO3) 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.


Tecnosolo Engenharia  (BSP:TCNO3) 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.


Tecnosolo Engenharia 12-1 Month Momentum % Related Terms

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


Tecnosolo Engenharia (BSP:TCNO3) Business Description

Tecnosolo Engenharia logo
Traded in Other Exchanges
Address
Rua Conego Felipe 219, Taquara, Jacarepagua, Rio de Janeiro, RJ, BRA, 22713010
Tecnosolo Engenharia SA is a construction & engineering consulting company. It engages in construction & restoration of dams, industrial plants, buildings, ports, airports & sport facilities, & also offers drilling & topographical services.The company constructs residential, commercial, industrial, and sports buildings, as well as concrete and steel structures. It also offers engineering consulting services in the areas of basic/preliminary and viability studies, drafts, oversight, management, and supervision.

Tecnosolo Engenharia (BSP:TCNO3) Headlines

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