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Greencore Group (OTCPK:GNCGF) 12-1 Month Momentum %

: -35.90% (As of Today)
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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2023-03-23), Greencore Group's 12-1 Month Momentum % is -35.90%.

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

GNCGF's 12-1 Month Momentum % is ranked worse than
84.8% of 1908 companies
in the Consumer Packaged Goods industry
Industry Median: -6.66 vs GNCGF: -35.90

Competitive Comparison

For the Packaged Foods subindustry, Greencore 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.


Greencore Group 12-1 Month Momentum % Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Greencore Group's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Greencore Group's 12-1 Month Momentum % falls in comparison to its industry or sector. The grey bar indicates the 12-1 Month Momentum %'s extreme value range as defined by GuruFocus.

Greencore Group  (OTCPK:GNCGF) 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.

Greencore Group  (OTCPK:GNCGF) 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.

Greencore Group 12-1 Month Momentum % Related Terms

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Greencore Group (OTCPK:GNCGF) Business Description

Greencore Group logo
Traded in Other Exchanges
No. 2 Northwood Avenue, Northwood Business Park, Santry, Dublin, IRL, DO9 X5N9
Greencore Group PLC is a convenience food manufacturer that supplies chilled and frozen food to customers based in U.K. and the U.S. The company's operating business segment is Convenience Foods UK & Ireland. The UK Convenience Food categories including sandwiches, sushi, salads, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, frozen Yorkshire Puddings and cakes and desserts categories as well as Irish Ingredient trading businesses.

Greencore Group (OTCPK:GNCGF) Headlines