Logistec (TSX:LGT.B) 12-1 Month Momentum %

: 50.37% (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), Logistec's 12-1 Month Momentum % is 50.37%.

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

TSX:LGT.B's 12-1 Month Momentum % is not ranked
in the Transportation industry.
Industry Median: -1.6 vs TSX:LGT.B: 50.37

Competitive Comparison

For the Marine Shipping subindustry, Logistec'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.

Logistec 12-1 Month Momentum % Distribution

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

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

Logistec (TSX:LGT.B) 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.

Logistec (TSX:LGT.B) 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.

Logistec 12-1 Month Momentum % Related Terms

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Logistec (TSX:LGT.B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Logistec Corp (TSX:LGT.B) » Definitions » 12-1 Month Momentum %

Traded in Other Exchanges

LTKBF:USA LGT.A:Canada

Address

600 De La Gauchetiere Street West, 14th Floor, Montreal, QC, CAN, H3B 4L2

Website

https://www.logistec.com

Logistec Corp provides specialized cargo handling and other services to a wide variety of marine, industrial and municipal customers. It has cargo handling facilities in ports across North America and offers marine agency services to foreign shipowners and operators serving the Canadian market. The company is widely diversified on the basis of cargo type and port location with a balance between import and export activities. The company is organized and operate in two industry segments: Marine services, and Environmental services. The Marine Services Segment which is the key revenue-generating segment provides cargo handling and other services to marine and industrial customers. It has a business presence in Canada and the US.

Logistec (TSX:LGT.B) Headlines

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