GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » BCE Inc (TSX:BCE.PR.R.PFD) » Definitions » 12-1 Month Momentum %

BCE (TSX:BCE.PR.R.PFD) 12-1 Month Momentum %

: 2.63% (As of Today)
View and export this data going back to 1905. Start your Free Trial

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), BCE's 12-1 Month Momentum % is 2.63%.

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

TSX:BCE.PR.R.PFD's 12-1 Month Momentum % is ranked worse than
80.79% of 406 companies
in the Telecommunication Services industry
Industry Median: -6.825 vs TSX:BCE.PR.R.PFD: 2.63

Competitive Comparison

For the Telecom Services subindustry, BCE'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.


BCE 12-1 Month Momentum % Distribution

For the Telecommunication Services industry and Communication Services sector, BCE's 12-1 Month Momentum % distribution charts can be found below:

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



BCE  (TSX:BCE.PR.R.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.


BCE  (TSX:BCE.PR.R.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.


BCE 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of BCE's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


BCE (TSX:BCE.PR.R.PFD) Business Description

Address
1 Carrefour Alexander Graham Bell, Tour A-7, Verdun, QC, CAN, H3E 3B3
BCE provides wireless, broadband, television, and landline phone services in Canada. It is one of the big three national wireless carriers, with its roughly 10 million customers constituting about 30% of the market. It is also the ILEC (incumbent local exchange carrier—the legacy telephone provider) throughout much of the eastern half of Canada, including in the most populous Canadian provinces: Ontario and Quebec. Additionally, BCE has a media segment, which holds television, radio, and digital media assets. BCE licenses the Canadian rights to movie channels including HBO, Showtime, and Starz. In 2022, the wireline segment made up 52% of total EBITDA, while wireless was 31% and media provided the remainder.

BCE (TSX:BCE.PR.R.PFD) Headlines

No Headlines