Schindler Holding AG (XSWX:SCHP) 12-1 Month Momentum %

: 18.72% (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 (2024-04-19), Schindler Holding AG's 12-1 Month Momentum % is 18.72%.

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

XSWX:SCHP's 12-1 Month Momentum % is ranked better than
70.48% of 2917 companies
in the Industrial Products industry
Industry Median: -2.51 vs XSWX:SCHP: 18.72

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Schindler Holding 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.

Schindler Holding AG 12-1 Month Momentum % Distribution

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

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

Schindler Holding AG (XSWX:SCHP) 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.

Schindler Holding AG (XSWX:SCHP) 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.

Schindler Holding AG 12-1 Month Momentum % Related Terms

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Schindler Holding AG (XSWX:SCHP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schindler Holding AG (XSWX:SCHP) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

SHLRF:USA SHLAF:USA SCHP:Mexico SCHNz:UK SCHPz:UK 0QO1:UK SCHN:Switzerland

Address

Seestrasse 55, Hergiswil, CHE, 6052

Website

https://www.schindler.com

Switzerland-based Schindler is a top-four global supplier of elevators and escalators. The business generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing existing installations. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. Ninety percent of its business is in elevators, which are more numerous globally than escalators. Its business model is similar to that of closest competitors Otis, Kone, and TK Elevator.