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InPlay Oil (TSX:IPO) 12-1 Month Momentum %

: -17.54% (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), InPlay Oil's 12-1 Month Momentum % is -17.54%.

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

TSX:IPO's 12-1 Month Momentum % is ranked worse than
65.35% of 1088 companies
in the Oil & Gas industry
Industry Median: -3.225 vs TSX:IPO: -17.54
Competitive Comparison

For the Oil & Gas E&P subindustry, InPlay Oil'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.

InPlay Oil 12-1 Month Momentum % Distribution

For the Oil & Gas industry and Energy sector, InPlay Oil's 12-1 Month Momentum % distribution charts can be found below:

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


InPlay Oil  (TSX:IPO) 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.

InPlay Oil  (TSX:IPO) 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.

InPlay Oil 12-1 Month Momentum % Related Terms

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InPlay Oil (TSX:IPO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » InPlay Oil Corp (TSX:IPO) » Definitions » 12-1 Month Momentum %
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Traded in Other Exchanges
IPOOF:USA 8DA1:Germany
Address
2000, 350 - 7th Avenue S.W., Calgary, AB, CAN, T2P 3N9
Website
https://www.inplayoil.com
InPlay Oil Corp is an oil development and production company based in Calgary, Alberta. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, and the production and sale of crude oil, natural gas, and natural gas liquids. The company's operations are focused on a concentrated light oil asset base located in West Central Alberta. It derives revenue from selling its production of crude oil, natural gas and NGLs under variable price contracts.