GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » C3 Metals Inc (OTCPK:CUAUF) » Definitions » 12-1 Month Momentum %

C3 Metals (C3 Metals) 12-1 Month Momentum % : -39.96% (As of Apr. 27, 2024)


View and export this data going back to 2016. Start your Free Trial

What is C3 Metals 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), C3 Metals's 12-1 Month Momentum % is -39.96%.

The industry rank for C3 Metals's 12-1 Month Momentum % or its related term are showing as below:

CUAUF's 12-1 Month Momentum % is ranked better than
58.74% of 2603 companies
in the Metals & Mining industry
Industry Median: -32.88 vs CUAUF: -39.96

Competitive Comparison of C3 Metals's 12-1 Month Momentum %

For the Other Industrial Metals & Mining subindustry, C3 Metals'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.


C3 Metals's 12-1 Month Momentum % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, C3 Metals's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where C3 Metals's 12-1 Month Momentum % falls into.



C3 Metals  (OTCPK:CUAUF) 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.


C3 Metals  (OTCPK:CUAUF) 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.


C3 Metals 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of C3 Metals's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


C3 Metals (C3 Metals) Business Description

Traded in Other Exchanges
Address
161 Bay Street, 27th Floor, Toronto, ON, CAN, M5J 2S1
C3 Metals Inc is a junior minerals exploration company focused on creating value for its shareholders through the discovery and development of large copper and gold deposits. The company's project include Jasperoide project in Peru, Main Ridge, Arthur seat, Bellas gate and Hungry gully project in Jamaica, Rogers creek royalty project in Jamaica. The company has only segment, which is sector of exploration and development of mineral resource properties.