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Banco Comercial Portugues (Banco Comercial Portugues) 12-1 Month Momentum %

: 40.74% (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), Banco Comercial Portugues's 12-1 Month Momentum % is 40.74%.

The industry rank for Banco Comercial Portugues's 12-1 Month Momentum % or its related term are showing as below:

BPCGF's 12-1 Month Momentum % is ranked better than
68.61% of 1558 companies
in the Banks industry
Industry Median: 7.9 vs BPCGF: 40.74

Competitive Comparison

For the Banks - Regional subindustry, Banco Comercial Portugues'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.


Banco Comercial Portugues 12-1 Month Momentum % Distribution

For the Banks industry and Financial Services sector, Banco Comercial Portugues's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Banco Comercial Portugues's 12-1 Month Momentum % falls into.



Banco Comercial Portugues  (OTCPK:BPCGF) 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.


Banco Comercial Portugues  (OTCPK:BPCGF) 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.


Banco Comercial Portugues 12-1 Month Momentum % Related Terms

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Banco Comercial Portugues (Banco Comercial Portugues) Business Description

Traded in Other Exchanges
Address
Praca D. Joao I, 28, Porto, PRT, 4000-295
Banco Comercial Portugues SA or Millennium BCP, is a Portuguese bank operating primarily in Portugal, as well as Poland, Mozambique, and Angola. The bank offers a wide range of retail and corporate banking products and services. The bank's distribution network includes traditional branches, as well as online banking, call centers, mobile banking, ATMs, and point of sale systems. In addition to its emphasis on financial technology, BCP's business model has shifted focus to high-net worth individuals, business lending with growth potential, as well as divestiture of noncore assets in its portfolio. The bank's net revenue is mostly net interest income, with notable net commission and net trading income. Most of BCP's earning assets are loans split nearly evenly between retail and corporate.

Banco Comercial Portugues (Banco Comercial Portugues) Headlines