GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Northrop Grumman Corp (LTS:0K92) » Definitions » 12-1 Month Momentum %
中文

Northrop Grumman (LTS:0K92) 12-1 Month Momentum %

: N/A% (As of Today)
View and export this data going back to 2018. Start your Free Trial

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), Northrop Grumman's 12-1 Month Momentum % is N/A%.

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

LTS:0K92's 12-1 Month Momentum % is not ranked *
in the Aerospace & Defense industry.
Industry Median: 7.705
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison

For the Aerospace & Defense subindustry, Northrop Grumman'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.


Northrop Grumman 12-1 Month Momentum % Distribution

For the Aerospace & Defense industry and Industrials sector, Northrop Grumman's 12-1 Month Momentum % distribution charts can be found below:

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



Northrop Grumman  (LTS:0K92) 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.


Northrop Grumman  (LTS:0K92) 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.


Northrop Grumman 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Northrop Grumman's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Northrop Grumman (LTS:0K92) Business Description

Address
2980 Fairview Park Drive, Falls Church, VA, USA, 22042
Northrop Grumman is a diversified defense contractor providing aeronautics, defense, mission, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber. Defense systems makes artillery and missile ammunition and guidance systems, missile defense systems, and conducts maintenance and upgrades on numerous military aircraft. Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Finally, space systems produces satellites, sensors, space structures, and manufactures long-range missiles and rocket motors.

Northrop Grumman (LTS:0K92) Headlines

No Headlines