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), Blue Biofuels's 12-1 Month Momentum % is -39.30%.
The industry rank for Blue Biofuels's 12-1 Month Momentum % or its related term are showing as below:
BIOF's 12-1 Month Momentum % is ranked worse than 90.31% of 1558
companies
in the Chemicals industry
Industry Median: -4.945
vs BIOF: -39.30
Competitive Comparison
For the Specialty Chemicals subindustry, Blue Biofuels'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.
Blue Biofuels 12-1 Month Momentum % Distribution
For the Chemicals industry and Basic Materials sector, Blue Biofuels's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Blue Biofuels's 12-1 Month Momentum % falls into.
Blue Biofuels (OTCPK:BIOF) 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.
Blue Biofuels (OTCPK:BIOF) 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.
Blue Biofuels 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Blue Biofuels's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Blue Biofuels (Blue Biofuels) Business Description
Blue Biofuels Inc is a technology company focused on emerging technologies in the renewable energy, biofuels, and new technologies sectors. It developed a technology system called Cellulose-to-Sugar 2.0 (CTS 2.0) which is a mechanical/chemical dry process for converting cellulose material into sugar for use in the biofuels industry. It can convert any cellulosic material like grasses, wood, paper, farm waste, yard waste, forestry products, energy crops like hemp or King Grass, and the cellulosic portion of municipal solid waste into sugars and lignin, and subsequently into biofuels and bioplastics. This system produces sugar and chemically unmodified lignin among other by-products. The sugar can then be further converted into biofuels and the lignin into bioplastics.
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