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Siemens Energy AG (WBO:ENR) 12-1 Month Momentum % : -22.40% (As of Apr. 27, 2024)


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What is Siemens Energy AG 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-27), Siemens Energy AG's 12-1 Month Momentum % is -22.40%.

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

WBO:ENR's 12-1 Month Momentum % is ranked worse than
77.09% of 2924 companies
in the Industrial Products industry
Industry Median: 0.585 vs WBO:ENR: -22.40

Competitive Comparison of Siemens Energy AG's 12-1 Month Momentum %

For the Specialty Industrial Machinery subindustry, Siemens Energy AG'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.


Siemens Energy AG's 12-1 Month Momentum % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Siemens Energy AG's 12-1 Month Momentum % distribution charts can be found below:

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



Siemens Energy AG  (WBO:ENR) 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.


Siemens Energy AG  (WBO:ENR) 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.


Siemens Energy AG 12-1 Month Momentum % Related Terms

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Siemens Energy AG (WBO:ENR) Business Description

Address
Otto-Hahn-Ring 6, Munich, BY, DEU, 81739
Siemens Energy AG manufactures a wide range of equipment used to generate and transmit energy. The group is a product of the spinout from Siemens AG in 2020, consisting of the power and gas segment and Siemens Gamesa, although its operations go back over 150 years. Approximately one sixth of global electricity generation is based on its technology.