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), Eagle Materials's 12-1 Month Momentum % is 88.18%.
The industry rank for Eagle Materials's 12-1 Month Momentum % or its related term are showing as below:
EXP's 12-1 Month Momentum % is ranked better than 88.67% of 415
companies
in the Building Materials industry
Industry Median: 2.53
vs EXP: 88.18
Competitive Comparison of Eagle Materials's 12-1 Month Momentum %
For the Building Materials subindustry, Eagle Materials'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.
Eagle Materials's 12-1 Month Momentum % Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Eagle Materials's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Eagle Materials's 12-1 Month Momentum % falls into.
* 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.
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.
Eagle Materials 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Eagle Materials's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Eagle Materials (Eagle Materials) Business Description
Eagle Materials Inc produces and sells construction products and building materials. Construction products include cement, slag, concrete, and aggregates and building materials include gypsum wallboard, and are sold to the construction and building industries. Basic materials used for oil and natural gas extraction include frac sand and oil well cement. The firm organizes itself into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments.
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