What is Natural Alternatives International 12-1 Month Momentum %?
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-27), Natural Alternatives International's 12-1 Month Momentum % is -32.45%.
NAII's 12-1 Month Momentum % is ranked worse than 85.68% of 1969
companies
in the Consumer Packaged Goods industry
Industry Median: -2.43
vs NAII: -32.45
Competitive Comparison of Natural Alternatives International's 12-1 Month Momentum %
For the Packaged Foods subindustry, Natural Alternatives International'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.
Natural Alternatives International's 12-1 Month Momentum % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Natural Alternatives International's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Natural Alternatives International's 12-1 Month Momentum % falls into.
Natural Alternatives International (NAS:NAII) 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.
Natural Alternatives International (NAS:NAII) 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.
Natural Alternatives International 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Natural Alternatives International's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Natural Alternatives International (Natural Alternatives International) Business Description
Natural Alternatives International Inc is engaged in formulating, manufacturing, and marketing nutritional supplements. It offers vitamins, minerals, herbs, and other supplements, as well as other healthcare products to customers within the United States and internationally. Its business activity is operated through Private-Label Contract Manufacturing and Patent & Trademark Licensing segment. The company derives the majority of revenue from Private-Label Contract Manufacturing which is engaged in providing manufacturing services to companies that market and distribute nutritional supplements and other healthcare products, whereas the Patent and Trademark Licensing segment includes royalty income from its license and supply agreements associated with the sale.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NAII has been successfully added to your