Ledesma (BUE:LEDE) 12-1 Month Momentum % : 200.51% (As of May. 17, 2024)

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What is Ledesma 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 (2024-05-17), Ledesma's 12-1 Month Momentum % is 200.51%.

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

BUE:LEDE's 12-1 Month Momentum % is ranked better than
96.9% of 581 companies
in the Conglomerates industry
Industry Median: 2.22 vs BUE:LEDE: 200.51

Competitive Comparison of Ledesma's 12-1 Month Momentum %

For the Conglomerates subindustry, Ledesma'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.

Ledesma's 12-1 Month Momentum % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ledesma's 12-1 Month Momentum % distribution charts can be found below:

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

Ledesma (BUE:LEDE) 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.

Ledesma (BUE:LEDE) 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.

Ledesma 12-1 Month Momentum % Related Terms

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Ledesma (BUE:LEDE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Ledesma SA (BUE:LEDE) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Corrientes 415, 8th Floor, Capital Federal, Buenos Aires, ARG

Website

http://www.ledesma.com.ar

Ledesma SA is engaged in the production of sugar, paper, alcohol, bioethanol, energy, natural juices, meat, syrups, corn starches and cereals. The company also produces notebooks and other school supplies. The geographical scope of the Ledesma Group's operations is mainly in the Argentine Republic. It mainly carry out activities mainly of sugar sugar mill, alcohol distillery both hydrated intended for traditional uses and anhydrous, for bio-fuels, manufacturing of paper and stationery, production of fruits and juices and Agriculture and Livestock. It is one of the main players in the local markets for the production and marketing of sugar, alcohol, reams of paper, notebooks, coated papers and school supplies, and is the main exporter of oranges and grapefruits in the country.

Ledesma (BUE:LEDE) Headlines

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