What is Acacia Diversified Holdings 12-1 Month Momentum %?
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-28), Acacia Diversified Holdings's 12-1 Month Momentum % is N/A%.
The industry rank for Acacia Diversified Holdings's 12-1 Month Momentum % or its related term are showing as below:
ACCA's 12-1 Month Momentum % is not ranked *
in the Drug Manufacturers industry.
Industry Median: -8.725 * Ranked among companies with meaningful 12-1 Month Momentum % only.
Competitive Comparison of Acacia Diversified Holdings's 12-1 Month Momentum %
For the Drug Manufacturers - Specialty & Generic subindustry, Acacia Diversified Holdings'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.
Acacia Diversified Holdings's 12-1 Month Momentum % Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Acacia Diversified Holdings's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Acacia Diversified Holdings's 12-1 Month Momentum % falls into.
* 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.
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.
Acacia Diversified Holdings 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Acacia Diversified Holdings's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Acacia Diversified Holdings (Acacia Diversified Holdings) Business Description
Acacia Diversified Holdings Inc focuses on conducting its business operations through its subsidiaries: MariJ Pharmaceuticals, Inc focuses on the extraction and processing of high-cannabidiol/low-tetrahydrocannabinol content medical-grade cannabis oils from medical cannabis plants. The company, through Canna-Cures Research & Development Center Inc focuses on research and development activities, as well as retail and wholesale distribution of medical cannabis products. Eufloria Medical of Tennessee, Inc engages in growing and distribution of medicinal hemp products for patients. Medahub, Inc., is a technology company that offers pharmacy license for other hemp companies in Florida.
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