12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-19), Coca-Cola Co's 12-1 Month Momentum % is -5.40%.
The industry rank for Coca-Cola Co's 12-1 Month Momentum % or its related term are showing as below:
KO's 12-1 Month Momentum % is ranked worse than 58.04% of 112
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 3.625
vs KO: -5.40
Competitive Comparison
For the Beverages - Non-Alcoholic subindustry, Coca-Cola 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.
Coca-Cola Co 12-1 Month Momentum % Distribution
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola Co's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Coca-Cola Co's 12-1 Month Momentum % falls into.
Coca-Cola Co (NYSE:KO) 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.
Coca-Cola Co (NYSE:KO) 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.
Coca-Cola Co 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Coca-Cola Co's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 1886, Atlanta-headquartered Coca-Cola is the world's largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around two thirds of its total revenues overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.
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