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), Royal Caribbean Group's 12-1 Month Momentum % is 115.84%.
The industry rank for Royal Caribbean Group's 12-1 Month Momentum % or its related term are showing as below:
RCL's 12-1 Month Momentum % is ranked better than 94.51% of 874
companies
in the Travel & Leisure industry
Industry Median: -4.8
vs RCL: 115.84
Competitive Comparison
For the Travel Services subindustry, Royal Caribbean Group'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.
Royal Caribbean Group 12-1 Month Momentum % Distribution
For the Travel & Leisure industry and Consumer Cyclical sector, Royal Caribbean Group's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Royal Caribbean Group's 12-1 Month Momentum % falls into.
Royal Caribbean Group (NYSE:RCL) 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.
Royal Caribbean Group (NYSE:RCL) 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.
Royal Caribbean Group 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Royal Caribbean Group's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Royal Caribbean Group (Royal Caribbean Group) Business Description
Royal Caribbean is the world's second-largest cruise company, operating 64 ships across five global and partner brands in the cruise vacation industry, with 10 more ships on order. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in the first quarter of 2021.
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