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Rush Enterprises 12-1 Month Momentum %

: 22.98% (As of Today)
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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2022-08-17), Rush Enterprises's 12-1 Month Momentum % is 22.98%.

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

RUSHB's 12-1 Month Momentum % is ranked better than
85.98% of 1184 companies
in the Vehicles & Parts industry
Industry Median: -14.70 vs RUSHB: 22.98

Competitive Comparison

For the Auto & Truck Dealerships subindustry, Rush Enterprises'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.

   

Rush Enterprises 12-1 Month Momentum % Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Rush Enterprises's 12-1 Month Momentum % distribution charts can be found below:

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



Rush Enterprises  (NAS:RUSHB) 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.


Rush Enterprises  (NAS:RUSHB) 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.


Rush Enterprises 12-1 Month Momentum % Related Terms

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Rush Enterprises Business Description

Rush Enterprises logo
Traded in Other Exchanges
Address
555 IH-35 South, Suite 500, New Braunfels, TX, USA, 78130
Rush Enterprises is the only publicly traded, standalone commercial truck dealer in North America. With 120 locations, it sells 5.6% of new class 8 trucks as the largest truck dealer on the continent. Vehicle sales include class 4-8 new trucks as well as range of used commercial vehicles. Aftermarket parts and service are key drivers of profitability as they generate approximately 30% of revenue and 65% of gross profit. Rush's class 8 customers include large fleets (32%), mid-size fleets (16%), vocational customers (40%), and owner-operators (12%). In 2019, Rush generated $5.8 billion in revenue.

Rush Enterprises Headlines

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