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CTS (CTS) 12-1 Month Momentum % : 8.40% (As of Apr. 27, 2024)


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What is CTS 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 (2024-04-27), CTS's 12-1 Month Momentum % is 8.40%.

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

CTS's 12-1 Month Momentum % is ranked better than
59.4% of 2431 companies
in the Hardware industry
Industry Median: -0.28 vs CTS: 8.40

Competitive Comparison of CTS's 12-1 Month Momentum %

For the Electronic Components subindustry, CTS'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.


CTS's 12-1 Month Momentum % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CTS's 12-1 Month Momentum % distribution charts can be found below:

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



CTS  (NYSE:CTS) 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.


CTS  (NYSE:CTS) 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.


CTS 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of CTS's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


CTS (CTS) Business Description

Industry
Traded in Other Exchanges
Address
4925 Indiana Avenue, Lisle, IL, USA, 60532
CTS Corp operates in the electronics industry. The company is a global manufacturer of Sensors, Electronic components, and Actuators. It designs, manufactures, and sells a broad line of sensors, electronic components, and actuators mainly to original equipment manufacturers (OEM) for the aerospace and defense, industrial, information technology, medical, telecommunications, and transportation markets. Geographically, it derives a majority of its revenue from the United States and also has a presence in China; Singapore; the Czech Republic; Taiwan and other countries.
Executives
Randy Lee Stone director 974 CENTRE ROAD, CRP 730, WILMINGTON DE 19805
Kieran M O'sullivan director, officer: President & CEO 2375 CABOT DRIVE, LISLE IL 60532
Martin Baumeister officer: Senior Vice President 4925 INDIANA AVENUE, LISLE IL 60532
Michael Edward Murray officer: Senior Vice President 4925 INDIANA AVENUE, LISLE IL 60532
Ye Jane Li director 200 FLYNN ROAD, CAMARILLO CA 93012-8790
Ashish Agrawal officer: CFO 2375 CABOT DRIVE, LISLE IL 60525
Thomas Michael White officer: Controller and PAO 4925 INDIANA AVENUE, LISLE IL 60532
Scott D'angelo officer: VP & Secretary 4925 INDIANA AVENUE, LISLE IL 60532
Donna Costello director 17 STEWART COURT, WESTWOOD NJ 07675
Alfonso G Zulueta director 4925 INDIANA AVE, LISLE IL 60532
Gordon Hunter director 25950 ELENA RD, LOS ALTOS HILLS CA 94022
Diana M Murphy director C/O LANDSTAR SYSTEM INC, 13410 SUTTON PARK DR S, JACKSONVILLE FL 32224
William S Johnson director C/O CABOT MICROELECTRONICS, 870 N. COMMONS DR, AURORA IL 60504
Luis Francisco Machado officer: VP, General Counsel & Sec. 1142 W. BEARDSLEY AVENUE, ELKHART IN 46514
Rajeeb K Nath officer: Vice President 1142 WEST BEARDSLEY AVENUE, ELKHART IN 46514

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