China Petroleum & Chemical (HKSE:00386) 12-1 Month Momentum %

: -11.13% (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 (2024-04-18), China Petroleum & Chemical's 12-1 Month Momentum % is -11.13%.

The industry rank for China Petroleum & Chemical's 12-1 Month Momentum % or its related term are showing as below:

HKSE:00386's 12-1 Month Momentum % is ranked worse than
58.88% of 1092 companies
in the Oil & Gas industry
Industry Median: -3.725 vs HKSE:00386: -11.13

Competitive Comparison

For the Oil & Gas Integrated subindustry, China Petroleum & Chemical'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.

China Petroleum & Chemical 12-1 Month Momentum % Distribution

For the Oil & Gas industry and Energy sector, China Petroleum & Chemical's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where China Petroleum & Chemical's 12-1 Month Momentum % falls into.

China Petroleum & Chemical (HKSE:00386) 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.

China Petroleum & Chemical (HKSE:00386) 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.

China Petroleum & Chemical 12-1 Month Momentum % Related Terms

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China Petroleum & Chemical (HKSE:00386) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Petroleum & Chemical Corp (HKSE:00386) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

SNPMF:USA CHU:Germany 600028:China

Address

No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, CHN, 100728

Website

http://www.sinopec.com

China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in terms of revenue. Its income is derived primarily from refining and marketing of oil products and petrochemical production. Sinopec has China's largest petrol station network with over 30,000 stations and enjoys significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a state-owned enterprise and majority shareholder, the company also owns oil and gas assets in Shandong and Sichuan provinces. It has a smaller global upstream presence than peers PetroChina and CNOOC. In 2022, Sinopec's production of oil and gas equivalent was 488.99 million barrels. The firm also processed 242 million metric tons of crude oil.

China Petroleum & Chemical (HKSE:00386) Headlines

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