Colabor Group (Colabor Group) 12-1 Month Momentum % : 55.12% (As of May. 05, 2024)

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What is Colabor Group 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 (2024-05-05), Colabor Group's 12-1 Month Momentum % is 55.12%.

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

COLFF's 12-1 Month Momentum % is ranked better than
86.42% of 324 companies
in the Retail - Defensive industry
Industry Median: -0.24 vs COLFF: 55.12

Competitive Comparison of Colabor Group's 12-1 Month Momentum %

For the Food Distribution subindustry, Colabor Group'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.

Colabor Group's 12-1 Month Momentum % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Colabor Group's 12-1 Month Momentum % distribution charts can be found below:

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

Colabor Group (OTCPK:COLFF) 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.

Colabor Group (OTCPK:COLFF) 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.

Colabor Group 12-1 Month Momentum % Related Terms

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Colabor Group (Colabor Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Colabor Group Inc (OTCPK:COLFF) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

GCL:Canada

Address

1620 De Montarville Boulevard, Boucherville, QC, CAN, J4B 8P4

Website

http://www.colabor.com

Colabor Group Inc is a wholesaler and distributor of food and related products in Canada. The company operates in two segments Distribution and the Wholesale segment. Its Distribution segment operations include the distribution of food products and related products in hotels, restaurants, and institutions (HRI) and the retail market. Its products such as meat, fish, and seafood (Specialty Distribution), as well as general food-related products (Broadline Distribution), and the Wholesale segment's operations, include the sale of general food-related products to distributors from its distribution center in Boucherville. The company generates maximum revenue from the Distribution segment.