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Diversified Royalty (TSX:DIV) 12-1 Month Momentum %

: -5.94% (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 (2024-04-24), Diversified Royalty's 12-1 Month Momentum % is -5.94%.

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

TSX:DIV's 12-1 Month Momentum % is ranked worse than
64.31% of 580 companies
in the Conglomerates industry
Industry Median: 4.065 vs TSX:DIV: -5.94
Competitive Comparison

For the Conglomerates subindustry, Diversified Royalty'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.

Diversified Royalty 12-1 Month Momentum % Distribution

For the Conglomerates industry and Industrials sector, Diversified Royalty's 12-1 Month Momentum % distribution charts can be found below:

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


Diversified Royalty  (TSX:DIV) 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.

Diversified Royalty  (TSX:DIV) 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.

Diversified Royalty 12-1 Month Momentum % Related Terms

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Diversified Royalty (TSX:DIV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Diversified Royalty Corp (TSX:DIV) » Definitions » 12-1 Month Momentum %
Comparable Companies
TSXV:DE TSXV:SIQ.H TSX:BBU.UN ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI TSE:8053 TSE:8002 HKSE:00267 TSE:4901 TSE:8015 BSP:ITSA3 GCARSOA1 TSE:6971 HKSE:00001
Traded in Other Exchanges
BEVFF:USA BEW:Germany
Address
609 Granville Street, Suite 330, P.O. Box 10033, Vancouver, BC, CAN, V7Y 1A1
Website
https://www.diversifiedroyaltycorp.com
Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. As a part of the investment strategy, the firm always purchases trademarks of the companies it is going to acquire. The company gives its partners the benefit of full operational control of their business, participation in the growth of their company, and tax deductibility on royal payments. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.