12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-19), Caterpillar's 12-1 Month Momentum % is 56.26%.
The industry rank for Caterpillar's 12-1 Month Momentum % or its related term are showing as below:
CAT's 12-1 Month Momentum % is ranked better than 82.16% of 213
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 6.56
vs CAT: 56.26
Competitive Comparison
For the Farm & Heavy Construction Machinery subindustry, Caterpillar'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.
Caterpillar 12-1 Month Momentum % Distribution
For the Farm & Heavy Construction Machinery industry and Industrials sector, Caterpillar's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Caterpillar'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.
Caterpillar 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Caterpillar's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Caterpillar is the premier manufacturer of heavy equipment, power solutions, and locomotives. It is currently the world's largest manufacturer of heavy equipment with over 13% market share in 2021. The company is divided into four reportable segments: construction industries, resource industries, energy and transportation, and Caterpillar Financial Services. Its products are available through a dealer network that covers the globe with about 2,700 branches maintained by 160 dealers. Caterpillar Financial Services provides retail financing for machinery and engines to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Caterpillar product sales.
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