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CPWR (Ocean Thermal Energy) 12-1 Month Momentum % : -6.25% (As of Oct. 31, 2024)


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What is Ocean Thermal Energy 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 (2024-10-31), Ocean Thermal Energy's 12-1 Month Momentum % is -6.25%.

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

CPWR's 12-1 Month Momentum % is ranked worse than
67.75% of 524 companies
in the Utilities - Independent Power Producers industry
Industry Median: 8.535 vs CPWR: -6.25

Competitive Comparison of Ocean Thermal Energy's 12-1 Month Momentum %

For the Utilities - Renewable subindustry, Ocean Thermal Energy'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.


Ocean Thermal Energy's 12-1 Month Momentum % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ocean Thermal Energy's 12-1 Month Momentum % distribution charts can be found below:

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



Ocean Thermal Energy  (OTCPK:CPWR) 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.


Ocean Thermal Energy  (OTCPK:CPWR) 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.


Ocean Thermal Energy 12-1 Month Momentum % Related Terms

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Ocean Thermal Energy Business Description

Traded in Other Exchanges
N/A
Address
3675 Market Street, Suite 200, Philadelphia, PA, USA, 19104
Ocean Thermal Energy Corp is engaged in the business of developing deep-water hydrothermal technologies to provide renewable energy and drinking water. OTE's Ocean Thermal Energy Conversion (OTEC) and Sea Water Air Conditioning (SWAC) technologies, Lake Source Cooling are designed to take advantage of the difference between cold deep water and warmer surface water to produce hydrothermal energy without requiring fossil fuels. The company is also in the business of facilitating the development of sustainable living communities by creating ecologically sustainable ecovillages powered by fossil-fuel-free electricity, and buildings cooled by energy-efficient and chemical-free systems. Ecovillages are communities whose goal is to become more socially, economically, and ecologically sustainable.
Executives
Peter H Wolfson director 342 N FARM DRIVE, LITITZ PA 17543
Antoinette R. Hempstead director 7611 S. SCENIC MAPLE DR., WEST JORDAN UT 84081
Jeremy Feakins director, 10 percent owner, officer: CEO and CFO 800 SOUTH QUEENS ST., LANCASTER PA 17603
Jpf Venture Group, Inc. 10 percent owner 800 SOUTH QUEENS STREET, LANCASTER PA 17603