What is Loral Spacemmunications 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 (2024-05-12), Loral Spacemmunications's 12-1 Month Momentum % is 104.33%.
The industry rank for Loral Spacemmunications's 12-1 Month Momentum % or its related term are showing as below:
LORL's 12-1 Month Momentum % is not ranked
in the Telecommunication Services industry.
Industry Median: -4.695
vs LORL: 104.33
Competitive Comparison of Loral Spacemmunications's 12-1 Month Momentum %
For the Telecom Services subindustry, Loral Spacemmunications'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.
Loral Spacemmunications's 12-1 Month Momentum % Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Loral Spacemmunications's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Loral Spacemmunications'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.
Loral Spacemmunications 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Loral Spacemmunications's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Loral Spacemmunications (Loral Spacemmunications) Business Description
Loral Space & Communications Inc is a provider of satellite-based communications services. The firm generates revenue from two main sources: broadcast services and enterprise services. The former includes video distribution and contribution for broadcasters and cable networks. The latter offers telecommunication carrier and integrator services, two-way Internet services, and maritime and aeronautical services for carriers, and communications providers. A large majority of the firm's revenue is generated in the United States and Canada, with the rest coming from Latin America, Europe, and the Middle East and Africa.
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