12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2022-05-25), Canterbury Park Holding's 12-1 Month Momentum % is 62.86%.
The industry rank for Canterbury Park Holding's 12-1 Month Momentum % or its related term are showing as below:
CPHC's 12-1 Month Momentum % is ranked better than 90.6% of 851
companies
in the Travel & Leisure industry
Industry Median: -3.54
vs CPHC: 62.86
Competitive Comparison
For the Gambling subindustry, Canterbury Park Holding'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.
Canterbury Park Holding 12-1 Month Momentum % Distribution
For the Travel & Leisure industry and Consumer Cyclical sector, Canterbury Park Holding's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Canterbury Park Holding's 12-1 Month Momentum % falls into.
Canterbury Park Holding (NAS:CPHC) 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.
Canterbury Park Holding (NAS:CPHC) 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.
Canterbury Park Holding 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Canterbury Park Holding's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Canterbury Park Holding Corp is in the business of pari-mutuel wagering on horse races and unbanked card games at its canterbury park racetrack and card casino facility in Minnesota. The company has four operating segments. The horse racing segment represents pari-mutuel wagering operations on simulcast and lives horse races; the Card Casino segment represents unbanked card operations; the food and beverage segment includes concessions, catering, and events services provided at the Racetrack; and the development segment represents its real estate development operations. The firm generates a majority of its revenue from the Card Casino segment.
My Portfolios
Create New Portfolio
Portfolio Contest
My Gurus
Personalize
Premium Gurus 
0.26(1.25%) Volume: 15,501 9:08PM EDT
Email Alerts
Stock PDF
RSS
Website
Filings
Download
Manual of Stocks™ Web APP
NAS:CPHC has been successfully added to your 
