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CCL Industries (CCL Industries) 12-1 Month Momentum %

: 4.21% (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), CCL Industries's 12-1 Month Momentum % is 4.21%.

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

CCDBF's 12-1 Month Momentum % is ranked better than
60.1% of 406 companies
in the Packaging & Containers industry
Industry Median: -0.835 vs CCDBF: 4.21

Competitive Comparison

For the Packaging & Containers subindustry, CCL Industries'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.


CCL Industries 12-1 Month Momentum % Distribution

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

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



CCL Industries  (OTCPK:CCDBF) 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.


CCL Industries  (OTCPK:CCDBF) 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.


CCL Industries 12-1 Month Momentum % Related Terms

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CCL Industries (CCL Industries) Business Description

Traded in Other Exchanges
Address
111 Gordon Baker Road, Suite 801, Toronto, ON, CAN, M2H 3R1
CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, sells pressure sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions. Innovia segment manufactures specialty films. Its geographical segments include Canada; USA and Puerto Rico; Mexico, Brazil, Chile and Argentina; Europe; and Asia, Australia, Africa and New Zealand.