Bri-Chem (Bri-Chem) 12-1 Month Momentum % : 1066.67% (As of Apr. 25, 2024)

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What is Bri-Chem 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 (2024-04-25), Bri-Chem's 12-1 Month Momentum % is 1066.67%.

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

BRYFF's 12-1 Month Momentum % is ranked worse than
71.02% of 1087 companies
in the Oil & Gas industry
Industry Median: -1.41 vs BRYFF: 1066.67

Competitive Comparison of Bri-Chem's 12-1 Month Momentum %

For the Oil & Gas Equipment & Services subindustry, Bri-Chem'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.

Bri-Chem's 12-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bri-Chem's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Bri-Chem's 12-1 Month Momentum % falls into.

Bri-Chem (OTCPK:BRYFF) 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.

Bri-Chem (OTCPK:BRYFF) 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.

Bri-Chem 12-1 Month Momentum % Related Terms

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Bri-Chem (Bri-Chem) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bri-Chem Corp (OTCPK:BRYFF) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

5JN:Germany BRY:Canada

Address

27075 Acheson Road, Acheson, AB, CAN, T7X 6B1

Website

https://www.brichem.com

Bri-Chem Corp supplies drilling fluids for the oil and gas industries. The company provides drilling fluid products, cementing, acidizing and stimulation additives from multiple strategically located warehouses throughout Canada and the United States. Its segments are Fluids Distribution Canada, Fluids Distribution USA, Fluids Blending and Packaging Canada, Fluids Blending and Packaging USA, and Other. The Other segment represents insignificant segments and all remaining costs not directly attributable to an operating segment, such as corporate overhead. A majority of its revenue is derived from the distribution of fluids in the United States of America.