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POSCO Holdings 12-1 Month Momentum %

: -40.98% (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 (2022-08-09), POSCO Holdings's 12-1 Month Momentum % is -40.98%.

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

PKX's 12-1 Month Momentum % is ranked worse than
87.98% of 599 companies
in the Steel industry
Industry Median: -13.82 vs PKX: -40.98

Competitive Comparison

For the Steel subindustry, POSCO Holdings'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.


POSCO Holdings 12-1 Month Momentum % Distribution

For the Steel industry and Basic Materials sector, POSCO Holdings's 12-1 Month Momentum % distribution charts can be found below:

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

POSCO Holdings  (NYSE:PKX) 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.

POSCO Holdings  (NYSE:PKX) 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.

POSCO Holdings 12-1 Month Momentum % Related Terms

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POSCO Holdings Business Description

POSCO Holdings logo
POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, KOR, 06194
POSCO Holdings Inc is the largest steel producer in South Korea and one of the top steel producers globally. It mainly produces flat steel and stainless steel from its two integrated steel facilities. It is exposed to the auto, shipbuilding, home appliance, engineering, and machinery industries. Posco controls around 40% of South Korean domestic market share and exports around 45%-50% of its steel products overseas, mainly to Asian countries. Through diversification, around 15%-20% of its revenue comes from non-steel and non-trading-related businesses.

POSCO Holdings Headlines

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