12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-24), Tractor Supply Co's 12-1 Month Momentum % is 5.78%.
The industry rank for Tractor Supply Co's 12-1 Month Momentum % or its related term are showing as below:
TSCO's 12-1 Month Momentum % is ranked better than 60.15% of 1099
companies
in the Retail - Cyclical industry
Industry Median: -3.95
vs TSCO: 5.78
Competitive Comparison of Tractor Supply Co's 12-1 Month Momentum %
For the Specialty Retail subindustry, Tractor Supply Co'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.
Tractor Supply Co's 12-1 Month Momentum % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Tractor Supply Co's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Tractor Supply Co's 12-1 Month Momentum % falls into.
Tractor Supply Co (NAS:TSCO) 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.
Tractor Supply Co (NAS:TSCO) 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.
Tractor Supply Co 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Tractor Supply Co's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Tractor Supply Co (Tractor Supply Co) Business Description
Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. Currently, the company operates 2,198 of its namesake banners in 49 states, including 81 Orscheln Farm and Home stores (to be converted to Tractor Supply banners), along with 195 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities, as opposed to urban and suburban areas. In fiscal 2022, revenue consisted primarily of livestock and pet (50%), hardware, tools, and truck (19%), and seasonal gift and toy (21%).
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