12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-23), Masonite International's 12-1 Month Momentum % is 44.80%.
The industry rank for Masonite International's 12-1 Month Momentum % or its related term are showing as below:
DOOR's 12-1 Month Momentum % is ranked better than 76.53% of 1764
companies
in the Construction industry
Industry Median: 6.935
vs DOOR: 44.80
Competitive Comparison
For the Building Products & Equipment subindustry, Masonite International'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.
Masonite International 12-1 Month Momentum % Distribution
For the Construction industry and Industrials sector, Masonite International's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Masonite International's 12-1 Month Momentum % falls into.
Masonite International (NYSE:DOOR) 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.
Masonite International (NYSE:DOOR) 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.
Masonite International 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Masonite International's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Masonite International (Masonite International) Business Description
Masonite International Corp is engaged in designing, manufacturing, marketing and distributing interior and exterior doors for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets. Its product categories include interior molded residential doors, interior stile and rail residential doors, exterior fibreglass residential doors, exterior steel residential doors, interior architectural wood doors, wood veneers and molded door facings and door core. The company operates its manufacturing and distribution facilities in seven countries in North America, Europe, South America and Asia.
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