Avery Dennison (BUE:AVY) 12-1 Month Momentum %

: 222.50% (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 (2024-04-16), Avery Dennison's 12-1 Month Momentum % is 222.50%.

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

BUE:AVY's 12-1 Month Momentum % is ranked better than
73.27% of 404 companies
in the Packaging & Containers industry
Industry Median: -2.715 vs BUE:AVY: 222.50

Competitive Comparison

For the Packaging & Containers subindustry, Avery Dennison'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.

Avery Dennison 12-1 Month Momentum % Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, Avery Dennison's 12-1 Month Momentum % distribution charts can be found below:

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

Avery Dennison (BUE:AVY) 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.

Avery Dennison (BUE:AVY) 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.

Avery Dennison 12-1 Month Momentum % Related Terms

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Avery Dennison (BUE:AVY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Avery Dennison Corp (BUE:AVY) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

AVY:USA AV3:Germany

Address

8080 Norton Parkway, Mentor, OH, USA, 44060

Website

https://www.averydennison.com

Avery Dennison manufactures pressure-sensitive materials, merchandise tags, and labels. The company also runs a specialty converting business that produces radio-frequency identification, or RFID, inlays and labels. Avery Dennison draws a significant amount of revenue from outside the United States, with international operations accounting for the majority of total sales.