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Nordex SE (XTER:NDX1) 12-1 Month Momentum %

: 0.44% (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 (2024-04-18), Nordex SE's 12-1 Month Momentum % is 0.44%.

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

XTER:NDX1's 12-1 Month Momentum % is ranked better than
54.55% of 2915 companies
in the Industrial Products industry
Industry Median: -3.44 vs XTER:NDX1: 0.44

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Nordex SE'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.


Nordex SE 12-1 Month Momentum % Distribution

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

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



Nordex SE  (XTER:NDX1) 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.


Nordex SE  (XTER:NDX1) 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.


Nordex SE 12-1 Month Momentum % Related Terms

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Nordex SE (XTER:NDX1) Business Description

Address
Langenhorner Chaussee 600, Hamburg, DEU, 22419
Nordex SE is a German company that develops, manufactures, services, and markets wind power systems. The company manages its activities via Projects and Service segments. The projects segment includes all activities associated with the development, production, assembly and commissioning of wind turbines and project development business. The services segment encompasses services and projects for existing turbines after their handover to customers. In particular, this includes technical services such as maintenance and remote monitoring of wind farms as well as repair and technical enhancements for existing turbines. The majority of the sales are done through the projects segment.
Executives
José Luis Blanco Diéguez Board of Directors
Patxi Landa Esparza Board of Directors

Nordex SE (XTER:NDX1) Headlines

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