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Krones AG (XSWX:KRN) 12-1 Month Momentum %

: -17.56% (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 (2023-03-29), Krones AG's 12-1 Month Momentum % is -17.56%.

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

XSWX:KRN's 12-1 Month Momentum % is ranked better than
88.06% of 2755 companies
in the Industrial Products industry
Industry Median: -0.35 vs XSWX:KRN: -17.56

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Krones 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.

   

Krones AG 12-1 Month Momentum % Distribution

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

* The bar in red indicates where Krones AG'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.



Krones AG  (XSWX:KRN) 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.


Krones AG  (XSWX:KRN) 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.


Krones AG 12-1 Month Momentum % Related Terms

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Krones AG (XSWX:KRN) Business Description

Krones AG logo
Traded in Other Exchanges
Address
Bohmerwaldstrasse 5, Neutraubling, BY, DEU, 93073
Krones AG offers machinery and systems for filling, packaging, and producing beverages. Part of its product portfolio is information technology and planning associated with logistics and production lines. In addition to packaging, the company has cellar systems to treat and store sensitive beverages. Krones has two reportable segments: product filling and decoration, which is the highest revenue segment, and machines and lines for beverage production and process technology segment. Its customer base includes companies in the beverage, food, chemical, pharmaceutical, and cosmetic industries, but beverage companies account for most of the Krones' revenue. While the company has a global presence, Germany remains the central location for the development of machines, lines, and services.

Krones AG (XSWX:KRN) Headlines

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