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PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) 12-1 Month Momentum %

: -17.86% (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 (2023-03-20), PJSC Mining & Metallurgical Co Norilsk Nickel's 12-1 Month Momentum % is -17.86%.

The industry rank for PJSC Mining & Metallurgical Co Norilsk Nickel's 12-1 Month Momentum % or its related term are showing as below:

WBO:MNOD's 12-1 Month Momentum % is not ranked
in the Metals & Mining industry.
Industry Median: -32.35 vs WBO:MNOD: -17.86

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, PJSC Mining & Metallurgical Co Norilsk Nickel'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.

   

PJSC Mining & Metallurgical Co Norilsk Nickel 12-1 Month Momentum % Distribution

For the Metals & Mining industry and Basic Materials sector, PJSC Mining & Metallurgical Co Norilsk Nickel's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where PJSC Mining & Metallurgical Co Norilsk Nickel's 12-1 Month Momentum % falls in comparison to its industry or sector. The grey bar indicates the 12-1 Month Momentum %'s extreme value range as defined by GuruFocus.



PJSC Mining & Metallurgical Co Norilsk Nickel  (WBO:MNOD) 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.


PJSC Mining & Metallurgical Co Norilsk Nickel  (WBO:MNOD) 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.


PJSC Mining & Metallurgical Co Norilsk Nickel 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of PJSC Mining & Metallurgical Co Norilsk Nickel's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Business Description

PJSC Mining & Metallurgical Co Norilsk Nickel logo
Traded in Other Exchanges
N/A
Address
15, 1st Krasnogvardeysky Drive, Moscow, RUS, 123100
PJSC Mining & Metallurgical Co Norilsk Nickel is a metal and mining company engaged in activities such as exploration, extraction, refining of ore and nonmetallic minerals, and sale of base and precious minerals. The company is organized into seven operating business segments: GMK Group, South Cluster, KGMK Group, NN Harjavalta, GRK Bystrinskoye, other mining, and other nonmetallurgical. The majority of the company's revenue is derived from the GMK Group segment which includes mining, processing and other metallurgy operations, and sale of precious metals. More than half the company's consolidated revenue is earned from the sale of metals to customers in Europe.

PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Headlines

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