Australian Agricultural Co (Australian Agricultural Co) 12-1 Month Momentum %

: -12.04% (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 (2024-04-17), Australian Agricultural Co's 12-1 Month Momentum % is -12.04%.

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

ASAGF's 12-1 Month Momentum % is ranked worse than
62.37% of 1953 companies
in the Consumer Packaged Goods industry
Industry Median: -2.26 vs ASAGF: -12.04

Competitive Comparison

For the Farm Products subindustry, Australian Agricultural 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.

Australian Agricultural Co 12-1 Month Momentum % Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Australian Agricultural Co's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Australian Agricultural Co's 12-1 Month Momentum % falls into.

Australian Agricultural Co (OTCPK:ASAGF) 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.

Australian Agricultural Co (OTCPK:ASAGF) 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.

Australian Agricultural Co 12-1 Month Momentum % Related Terms

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Australian Agricultural Co (Australian Agricultural Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Australian Agricultural Co Ltd (OTCPK:ASAGF) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

AAYYY:USA AY5:Germany AAC:Australia

Address

76 Skyring Terrace, Level 1, Tower A, Gasworks Plaza, Newstead, Brisbane, QLD, AUS, 4006

Website

https://www.aaco.com.au

Australian Agricultural Co Ltd raises cattle in Australia to process and export all over the world. It specializes in grass-fed beef, grain-fed beef, and a Japanese-style beef. The company invests in research and technologies to ensure high quality and enhance productivity. The technologies may focus on performance evaluations, feed efficiency, or disease testing. More opportunities for gathering data exist because the cattle are owned throughout the entire supply chain. The company's processing facility works to get the beef out on a timely basis and will turn to third parties in times of a shortage. The company distributes the beef by tailoring its route-to-market model to capitalize on regional opportunities.