12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2022-05-26), Altice USA's 12-1 Month Momentum % is -69.83%.
The industry rank for Altice USA's 12-1 Month Momentum % or its related term are showing as below:
ATUS's 12-1 Month Momentum % is ranked worse than 98.01% of 403
companies
in the Telecommunication Services industry
Industry Median: -6.42
vs ATUS: -69.83
Competitive Comparison
For the Telecom Services subindustry, Altice USA'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.
Altice USA 12-1 Month Momentum % Distribution
For the Telecommunication Services industry and Communication Services sector, Altice USA's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Altice USA's 12-1 Month Momentum % falls into.
Altice USA (NYSE:ATUS) 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.
Altice USA (NYSE:ATUS) 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.
Altice USA 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Altice USA's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Altice Europe acquired privately held U.S. cable company Suddenlink in 2015 and Cablevision in 2016. Suddenlink's networks provided television, internet access, and phone services to roughly 3.5 million U.S. homes and businesses located primarily in smaller markets, with major clusters in Texas, West Virginia, Idaho, Arizona, and Louisiana. Cablevision provided comparable services to about 5.5 million homes and business in the New York City metro area. Altice Europe spun off Altice USA, which includes both the Suddenlink and Cablevision operations, to shareholders in 2018. Altice USA also owns News 12 Networks, which broadcasts local 24-hour news networks in New York, i24News, a news operation focused on the Middle East and Israel, and Cheddar, a news upstart.
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