GURUFOCUS.COM » STOCK LIST » Asia » Bangladesh » DHA » Associated Oxygen Ltd (DHA:AOL) » Definitions » 12-1 Month Momentum %
Switch to:

Associated Oxygen (DHA:AOL) 12-1 Month Momentum %

: -7.95% (As of Today)
View and export this data going back to 2020. Start your Free Trial

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2022-11-26), Associated Oxygen's 12-1 Month Momentum % is -7.95%.

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

DHA:AOL's 12-1 Month Momentum % is ranked better than
63.6% of 1445 companies
in the Chemicals industry
Industry Median: -15.79 vs DHA:AOL: -7.95

Associated Oxygen (DHA:AOL) 12-1 Month Momentum % Competitive Comparison

For the Chemicals subindustry, Associated Oxygen'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.

   

Associated Oxygen (DHA:AOL) 12-1 Month Momentum % Distribution

For the Chemicals industry and Basic Materials sector, Associated Oxygen's 12-1 Month Momentum % distribution charts can be found below:

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



Associated Oxygen  (DHA:AOL) 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.


Associated Oxygen  (DHA:AOL) 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.


Associated Oxygen 12-1 Month Momentum % Related Terms

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


Associated Oxygen (DHA:AOL) Business Description

Associated Oxygen logo
Comparable Companies
Traded in Other Exchanges
N/A
Address
26, BCIC Sadan, 1st Floor, Agrabad, Chitagong, BGD
Associated Oxygen Ltd is engaged in the business of producing and supplying Industrial gases both in liquid and gaseous forms. The products include industrial gases, medical gases, and welding products.

Associated Oxygen (DHA:AOL) Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
premium membership