UPM-Kymmene Oyj (OHEL:UPM) 12-1 Month Momentum %

: 3.51% (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 (2024-04-23), UPM-Kymmene Oyj's 12-1 Month Momentum % is 3.51%.

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

OHEL:UPM's 12-1 Month Momentum % is ranked better than
51.8% of 305 companies
in the Forest Products industry
Industry Median: 0.3 vs OHEL:UPM: 3.51

Competitive Comparison

For the Paper & Paper Products subindustry, UPM-Kymmene Oyj'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.

UPM-Kymmene Oyj 12-1 Month Momentum % Distribution

For the Forest Products industry and Basic Materials sector, UPM-Kymmene Oyj's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where UPM-Kymmene Oyj's 12-1 Month Momentum % falls into.

UPM-Kymmene Oyj (OHEL:UPM) 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.

UPM-Kymmene Oyj (OHEL:UPM) 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.

UPM-Kymmene Oyj 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of UPM-Kymmene Oyj's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

UPM-Kymmene Oyj (OHEL:UPM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » UPM-Kymmene Oyj (OHEL:UPM) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

UPMMY:USA UPMKF:USA UPMh:UK 0NV5:UK RPL:Germany

Address

Alvar Aallon katu 1, P.O. Box 380, Helsinki, FIN, FI-00100

Website

https://www.upm.com

UPM-Kymmene Oyj is a Finnish paper and biomaterials company. The company produces products related to the forestry industry including paper, pulp, and plywood. UPM is also a major electricity generator in Finland and is one of the global producers of self-adhesive labeling materials. It delivers responsible solutions and innovation for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Plywood. Geographically, the company has operational footprints in Sweden, Finland, the Netherlands, and other regions.

UPM-Kymmene Oyj (OHEL:UPM) Headlines

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