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Big Bank Big Oil Split (TSX:BBO.PR.A.PFD) 12-1 Month Momentum %

: 1.81% (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 (2022-12-09), Big Bank Big Oil Split's 12-1 Month Momentum % is 1.81%.

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

TSX:BBO.PR.A.PFD's 12-1 Month Momentum % is not ranked
in the Asset Management industry.
Industry Median: -21.07 vs TSX:BBO.PR.A.PFD: 1.81

Big Bank Big Oil Split (TSX:BBO.PR.A.PFD) 12-1 Month Momentum % Competitive Comparison

For the Asset Management subindustry, Big Bank Big Oil Split'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.

   

Big Bank Big Oil Split (TSX:BBO.PR.A.PFD) 12-1 Month Momentum % Distribution

For the Asset Management industry and Financial Services sector, Big Bank Big Oil Split's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Big Bank Big Oil Split's 12-1 Month Momentum % falls into.



Big Bank Big Oil Split  (TSX:BBO.PR.A.PFD) 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.


Big Bank Big Oil Split  (TSX:BBO.PR.A.PFD) 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.


Big Bank Big Oil Split 12-1 Month Momentum % Related Terms

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Big Bank Big Oil Split (TSX:BBO.PR.A.PFD) Business Description

Big Bank Big Oil Split logo
Traded in Other Exchanges
N/A
Address
Big Bank Big Oil Split Corp. is a mutual fund corporation. The manager of the Company is Claymore Investments, Inc. The Company has been created to provide a diversified investment in big Canadian banks and oil and gas companies.

Big Bank Big Oil Split (TSX:BBO.PR.A.PFD) Headlines

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