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), EMCOR Group's 12-1 Month Momentum % is 122.46%.
The industry rank for EMCOR Group's 12-1 Month Momentum % or its related term are showing as below:
EME's 12-1 Month Momentum % is ranked better than 93.29% of 1759
companies
in the Construction industry
Industry Median: 7.28
vs EME: 122.46
Competitive Comparison of EMCOR Group's 12-1 Month Momentum %
For the Engineering & Construction subindustry, EMCOR Group'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.
EMCOR Group's 12-1 Month Momentum % Distribution in the Construction Industry
For the Construction industry and Industrials sector, EMCOR Group's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where EMCOR Group's 12-1 Month Momentum % falls into.
EMCOR Group (NYSE:EME) 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.
EMCOR Group (NYSE:EME) 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.
EMCOR Group 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of EMCOR Group's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
EMCOR Group Inc is one of the largest electrical, mechanical, construction, and facilities services firms in the United States. It provides a wide range of services, including the installation of electrical distribution systems, voice & data communication systems, and environmental controls within buildings. The company's services are provided to a broad range of commercial, industrial, utility, and institutional customers. Emcor Group enters contracts for large installation projects in the multimillion-dollar range, or smaller projects involving renovations and retrofit work. It also operates as a subcontractor to general contractors, systems suppliers, and property managers. It generates sales primarily in the United States, but the company does offer services United kingdom.
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