AES Andes (XSGO:AESANDES) 12-1 Month Momentum %

: -28.95% (As of Today)

View and export this data going back to 1983. Start your Free Trial

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-23), AES Andes's 12-1 Month Momentum % is -28.95%.

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

XSGO:AESANDES's 12-1 Month Momentum % is ranked worse than
76.68% of 506 companies
in the Utilities - Independent Power Producers industry
Industry Median: -0.665 vs XSGO:AESANDES: -28.95

Competitive Comparison

For the Utilities - Renewable subindustry, AES Andes'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.

AES Andes 12-1 Month Momentum % Distribution

For the Utilities - Independent Power Producers industry and Utilities sector, AES Andes's 12-1 Month Momentum % distribution charts can be found below:

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

AES Andes (XSGO:AESANDES) 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.

AES Andes (XSGO:AESANDES) 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.

AES Andes 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of AES Andes's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

AES Andes (XSGO:AESANDES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » AES Andes SA (XSGO:AESANDES) » Definitions » 12-1 Month Momentum %

Traded in Other Exchanges

N/A

Address

Avenida Rosario Norte 532, Floors 18-20, Los Condes, Santiago, CHL

Website

https://www.aesandes.com

AES Andes SA is an electric utility company involved in the generation and supply of electricity in South America. It owns and operates a portfolio of hydroelectric, coal-fired, diesel-fueled, cogeneration, and natural gas power generation facilities. Most of the energy produced by the company comes from its sites utilizing thermal fuel sources. The company primarily generates revenue from contracted energy and capacity sales. Sales made on the spot market also represent a substantial revenue stream. The company's primary customers are the multiple interconnected energy markets in Chile and Colombia, such as the Central Interconnected System (SIC) and the Great North Interconnected System (SING).

AES Andes (XSGO:AESANDES) Headlines

No Headlines