What is Spirit AeroSystems Holdings 12-1 Month Momentum %?
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-26), Spirit AeroSystems Holdings's 12-1 Month Momentum % is 18.27%.
The industry rank for Spirit AeroSystems Holdings's 12-1 Month Momentum % or its related term are showing as below:
SPR's 12-1 Month Momentum % is ranked better than 59.14% of 301
companies
in the Aerospace & Defense industry
Industry Median: 7.82
vs SPR: 18.27
Competitive Comparison of Spirit AeroSystems Holdings's 12-1 Month Momentum %
For the Aerospace & Defense subindustry, Spirit AeroSystems 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.
Spirit AeroSystems Holdings's 12-1 Month Momentum % Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Spirit AeroSystems Holdings's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Spirit AeroSystems Holdings's 12-1 Month Momentum % falls into.
* 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.
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.
Spirit AeroSystems Holdings 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Spirit AeroSystems Holdings's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Spirit AeroSystems Holdings (Spirit AeroSystems Holdings) Business Description
Spirit AeroSystems manufactures aerostructures, particularly fuselages, cockpits, wing sections, engine pylons, and nacelles for commercial and military aircraft. The company was spun out of Boeing in 2005, and the firm is the largest independent supplier of aerostructures for commercial aircraft. Boeing and Airbus are the firm's primary customers—Boeing represented roughly 60% and Airbus roughly 20% of revenue in recent years. The company is highly exposed to Boeing's 737 program, which accounts for nearly half the company's revenue.
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