What is Crestwood Equity Partners LP 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 (2024-04-25), Crestwood Equity Partners LP's 12-1 Month Momentum % is -6.07%.
The industry rank for Crestwood Equity Partners LP's 12-1 Month Momentum % or its related term are showing as below:
CEQP's 12-1 Month Momentum % is not ranked
in the Oil & Gas industry.
Industry Median: -1.41
vs CEQP: -6.07
For the Oil & Gas Midstream subindustry, Crestwood Equity Partners LP'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.
Crestwood Equity Partners LP's 12-1 Month Momentum % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Crestwood Equity Partners LP's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Crestwood Equity Partners LP'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.
Crestwood Equity Partners LP 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Crestwood Equity Partners LP's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Crestwood Equity Partners LP (Crestwood Equity Partners LP) Business Description
Crestwood Equity Partners LP develops, acquires, owns or controls, and operates fee-based assets and operations within the energy midstream sector. The company has a diversified portfolio of crude oil and natural gas gathering, processing, storage, and transportation assets that connect fundamental energy supply with energy demand across North America. It has three reporting segments: Gathering and Processing North, Gathering, and Processing South, and Storage and Logistics. The company serves various producers in unconventional shale plays located across the United States. It generates maximum revenue from the Gathering and Processing North division.
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