12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-28), CSI Compressco LP's 12-1 Month Momentum % is 59.52%.
The industry rank for CSI Compressco LP's 12-1 Month Momentum % or its related term are showing as below:
CCLP's 12-1 Month Momentum % is not ranked
in the Oil & Gas industry.
Industry Median: -0.58
vs CCLP: 59.52
Competitive Comparison of CSI Compressco LP's 12-1 Month Momentum %
For the Oil & Gas Equipment & Services subindustry, CSI Compressco LP'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.
CSI Compressco LP's 12-1 Month Momentum % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CSI Compressco LP's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where CSI Compressco LP's 12-1 Month Momentum % falls into.
* 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.
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.
CSI Compressco LP 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of CSI Compressco LP's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
CSI Compressco LP (CSI Compressco LP) Business Description
CSI Compressco LP is a limited partnership operating in the U.S. The company is a provider of compression services and equipment for natural gas and oil production, gathering, transportation, processing, and storage. It sells standard and custom-designed compressor packages and oil field fluid pump systems and provides aftermarket services and compressor package parts and components manufactured by third-party suppliers. In addition, the company provides compression services and equipment to natural gas and oil exploration and production, midstream, and transmission companies. The majority of the company's revenue comes from the United States.
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