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Dollarama (Dollarama) 12-1 Month Momentum %

: 24.17% (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 (2024-04-19), Dollarama's 12-1 Month Momentum % is 24.17%.

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

DLMAF's 12-1 Month Momentum % is ranked better than
75% of 328 companies
in the Retail - Defensive industry
Industry Median: 2.025 vs DLMAF: 24.17

Competitive Comparison

For the Discount Stores subindustry, Dollarama'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.


Dollarama 12-1 Month Momentum % Distribution

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

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



Dollarama  (OTCPK:DLMAF) 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.


Dollarama  (OTCPK:DLMAF) 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.


Dollarama 12-1 Month Momentum % Related Terms

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Dollarama (Dollarama) Business Description

Traded in Other Exchanges
Address
5805 Royalmount Avenue, Montreal, QC, CAN, H4P 0A1
Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items both in-store and online. General merchandise and consumer products jointly account for the majority of the company's product offerings. The company's stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns. All the stores are owned and operated by the company.

Dollarama (Dollarama) Headlines