Adecoagro (BUE:ADGO) 12-1 Month Momentum % : 56.13% (As of Apr. 25, 2024)

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What is Adecoagro 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-25), Adecoagro's 12-1 Month Momentum % is 56.13%.

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

BUE:ADGO's 12-1 Month Momentum % is ranked better than
78.5% of 1963 companies
in the Consumer Packaged Goods industry
Industry Median: -2 vs BUE:ADGO: 56.13

Competitive Comparison of Adecoagro's 12-1 Month Momentum %

For the Farm Products subindustry, Adecoagro'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.

Adecoagro's 12-1 Month Momentum % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Adecoagro's 12-1 Month Momentum % distribution charts can be found below:

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

Adecoagro (BUE:ADGO) 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.

Adecoagro (BUE:ADGO) 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.

Adecoagro 12-1 Month Momentum % Related Terms

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Adecoagro (BUE:ADGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Adecoagro SA (BUE:ADGO) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

AGRO:USA ACD:Germany

Address

6, Rue Eugene Ruppert, Vertigo Naos Building, Luxembourg, LUX, L-2453

Website

https://www.adecoagro.com

Adecoagro SA is a Luxembourg-based agricultural company. It is involved in a wide range of businesses, including farming crops and other agricultural products, dairy operations, sugar, ethanol, energy production, and land transformation. The company operates through three segments namely Farming, Sugar, Ethanol and Energy, and Land Transformation. The Farming segment consists of planting, harvesting, and sale of grains, oilseeds and fibers, rice, and production and sale of dairy products; the Sugar, Ethanol, and Energy segment consists of cultivating sugar cane which is processed in owned sugar mills, transformed into ethanol; and the Land Transformation segment comprises identification and acquisition of underdeveloped and undermanaged farmland.