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Hudbay Minerals 12-1 Month Momentum %

: -49.00% (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 (2022-08-12), Hudbay Minerals's 12-1 Month Momentum % is -49.00%.

The industry rank for Hudbay Minerals's 12-1 Month Momentum % or its related term are showing as below:

HBM's 12-1 Month Momentum % is ranked worse than
67.04% of 2421 companies
in the Metals & Mining industry
Industry Median: -32.43 vs HBM: -49.00

Competitive Comparison

For the Copper subindustry, Hudbay Minerals'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.

   

Hudbay Minerals 12-1 Month Momentum % Distribution

For the Metals & Mining industry and Basic Materials sector, Hudbay Minerals's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Hudbay Minerals's 12-1 Month Momentum % falls into.



Hudbay Minerals  (NYSE:HBM) 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.


Hudbay Minerals  (NYSE:HBM) 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.


Hudbay Minerals 12-1 Month Momentum % Related Terms

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Hudbay Minerals Business Description

Hudbay Minerals logo
Traded in Other Exchanges
Address
25 York Street, Suite 800, Toronto, ON, CAN, M5J 2V5
Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company's revenue is attributable to the copper business. The company sells copper concentrates to smelters across Asia, America, and Europe, and sells Zinc metal, the next biggest source of revenue, to industrial customers across North America.

Hudbay Minerals Headlines

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