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), Cable One's 12-1 Month Momentum % is -43.68%.
The industry rank for Cable One's 12-1 Month Momentum % or its related term are showing as below:
CABO's 12-1 Month Momentum % is ranked worse than 92% of 400
companies
in the Telecommunication Services industry
Industry Median: -4.695
vs CABO: -43.68
Competitive Comparison of Cable One's 12-1 Month Momentum %
For the Telecom Services subindustry, Cable One'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.
Cable One's 12-1 Month Momentum % Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Cable One's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Cable One's 12-1 Month Momentum % falls into.
Cable One (NYSE:CABO) 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.
Cable One (NYSE:CABO) 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.
Cable One 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Cable One's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Cable One Inc is a telecommunications company. It derives revenue from the provision of broadband, voice, and video services to residential and business customers. From a product perspective, the majority of revenue is sourced from data and video services. This revenue is subscription-based and billed monthly. The company also offers Sparklight TV, an internet protocol-based (IPTV) video service that allows customers with our Sparklight TV app to stream our video channels from the cloud. The company also derives advertising revenue from selling airtime on its video channels. Voice services are offered over Internet protocols. The company owns a telecommunications infrastructure.
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