Gold Fields (JSE:GFI) 12-1 Month Momentum %

: 2.99% (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 (2024-04-23), Gold Fields's 12-1 Month Momentum % is 2.99%.

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

JSE:GFI's 12-1 Month Momentum % is ranked better than
77.17% of 2598 companies
in the Metals & Mining industry
Industry Median: -33.33 vs JSE:GFI: 2.99

Competitive Comparison

For the Gold subindustry, Gold Fields'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.

Gold Fields 12-1 Month Momentum % Distribution

For the Metals & Mining industry and Basic Materials sector, Gold Fields's 12-1 Month Momentum % distribution charts can be found below:

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

Gold Fields (JSE:GFI) 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.

Gold Fields (JSE:GFI) 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.

Gold Fields 12-1 Month Momentum % Related Terms

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Gold Fields (JSE:GFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Fields Ltd (JSE:GFI) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

GFIOF:USA GFI:USA EDGA:Germany G1FI34:Brazil GFI:Argentina

Address

150 Helen Road, Sandown, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.goldfields.com

Gold Fields Ltd is a producer of gold and is a holder of gold reserves and resources in South Africa, Ghana, Australia and Peru. In Peru, the company also produces copper. The company is primarily involved in underground and surface gold and surface copper mining and silver and related activities, including exploration, extraction, processing and smelting. It conducts underground and surface mining operations at St. Ives, underground-only operations at Agnew, Granny Smith and South Deep and surface-only open pit mining at Damang, Tarkwa and Cerro Corona. The company's revenues are derived from the sale of gold that it produces.