Laugfs Gas (COL:LGL.N0000) 12-1 Month Momentum %

: 15.77% (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 (2024-04-19), Laugfs Gas's 12-1 Month Momentum % is 15.77%.

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

COL:LGL.N0000's 12-1 Month Momentum % is ranked better than
72.54% of 568 companies
in the Utilities - Regulated industry
Industry Median: -3.205 vs COL:LGL.N0000: 15.77

Competitive Comparison

For the Utilities - Regulated Gas subindustry, Laugfs Gas'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.

Laugfs Gas 12-1 Month Momentum % Distribution

For the Utilities - Regulated industry and Utilities sector, Laugfs Gas's 12-1 Month Momentum % distribution charts can be found below:

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

Laugfs Gas (COL:LGL.N0000) 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.

Laugfs Gas (COL:LGL.N0000) 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.

Laugfs Gas 12-1 Month Momentum % Related Terms

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Laugfs Gas (COL:LGL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Laugfs Gas PLC (COL:LGL.N0000) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

LGL.X0000:Sri Lanka

Address

No. 101, Maya Avenue, Colombo, LKA, 06

Website

https://www.laugfsgas.lk

Laugfs Gas PLC is engaged in the sale of liquefied petroleum gas. The company offers LPG for industrial, commercial and domestic purposes in Sri Lanka. It operates through the following business segments: Energy, Property, and Transportation & Logistics segment. It generates the majority of revenue from the Energy segment. The energy segment includes the Selling of Liquefied Petroleum Gas and other related products. The property segment includes the Operation of a commercial property given on rent at Kirullapone. Transportation & Logistics segment includes the Operation of vessels and providing marine cargo services and the Operation of an LPG storage terminal. Geographically it operates in Sri Lanka and Bangladesh, out of which the majority is from Sri Lanka.

Laugfs Gas (COL:LGL.N0000) Headlines

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