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Chesswood Group (TSX:CHW) 12-1 Month Momentum %

: -13.11% (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 (2024-04-18), Chesswood Group's 12-1 Month Momentum % is -13.11%.

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

TSX:CHW's 12-1 Month Momentum % is ranked worse than
71.45% of 557 companies
in the Credit Services industry
Industry Median: 9.69 vs TSX:CHW: -13.11
Competitive Comparison

For the Credit Services subindustry, Chesswood 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.

Chesswood Group 12-1 Month Momentum % Distribution

For the Credit Services industry and Financial Services sector, Chesswood Group's 12-1 Month Momentum % distribution charts can be found below:

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


Chesswood Group  (TSX:CHW) 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.

Chesswood Group  (TSX:CHW) 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.

Chesswood Group 12-1 Month Momentum % Related Terms

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Chesswood Group (TSX:CHW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Chesswood Group Ltd (TSX:CHW) » Definitions » 12-1 Month Momentum %
Comparable Companies
TSXV:EPF TSX:ACD TSX:CRWN TSXV:AFCC.H XCNQ:INVR TSXV:MIT TSX:AXIS XCNQ:CALI.X XCNQ:XSF TSXV:FA V MA AXP PYPL COF BOM:500034 IST:QNBFL DFS BOM:543257 SYF
Traded in Other Exchanges
CHWWF:USA
Address
1133 Yonge Street, Suite 603, Toronto, ON, CAN, M4T 2Y7
Website
https://www.chesswoodgroup.com
Chesswood Group Ltd is a holding company whose subsidiaries engage in the business of specialty finance (including equipment finance throughout North America, and vehicle finance in Canada), as well as the origination and management of private credit alternatives for North American investors. The company's operations consist of U.S. Equipment Financing Segment, Canadian Equipment Financing Segment, Canadian Auto Financing Segment, and Asset Management Segment. The US Equipment Financing business, which is the key revenue driver, is located in the US and is involved in small-ticket equipment leasing and lending to small and medium-sized businesses.

Chesswood Group (TSX:CHW) Headlines