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Canadian National Railway Co 12-1 Month Momentum %

: 4.72% (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), Canadian National Railway Co's 12-1 Month Momentum % is 4.72%.

The industry rank for Canadian National Railway Co's 12-1 Month Momentum % or its related term are showing as below:

CNI's 12-1 Month Momentum % is ranked better than
66.74% of 950 companies
in the Transportation industry
Industry Median: -6.42 vs CNI: 4.72

Competitive Comparison

For the Railroads subindustry, Canadian National Railway 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.

   

Canadian National Railway Co 12-1 Month Momentum % Distribution

For the Transportation industry and Industrials sector, Canadian National Railway Co's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Canadian National Railway Co's 12-1 Month Momentum % falls into.



Canadian National Railway Co  (NYSE:CNI) 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.


Canadian National Railway Co  (NYSE:CNI) 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.


Canadian National Railway Co 12-1 Month Momentum % Related Terms

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Canadian National Railway Co Business Description

Canadian National Railway Co logo
Address
935 de La Gauchetiere Street West, Montreal, QC, CAN, H3B 2M9
Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2019, CN delivered almost 6 million carloads over its 19,600 miles of track. CN generated roughly CAD 14 billion in total revenue by hauling intermodal containers (25% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (6%), and coal (4%). Other items constitute the remaining revenue.

Canadian National Railway Co Headlines

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