Cal Bay International (Cal Bay International) 12-1 Month Momentum % : N/A% (As of May. 17, 2024)

View and export this data going back to . Start your Free Trial

What is Cal Bay International 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), Cal Bay International's 12-1 Month Momentum % is N/A%.

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

CBYI's 12-1 Month Momentum % is not ranked ^*
in the Capital Markets industry.
Industry Median: 11.915
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of Cal Bay International's 12-1 Month Momentum %

For the Capital Markets subindustry, Cal Bay International'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.

Cal Bay International's 12-1 Month Momentum % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cal Bay International's 12-1 Month Momentum % distribution charts can be found below:

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

Cal Bay International (OTCPK:CBYI) 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.

Cal Bay International (OTCPK:CBYI) 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.

Cal Bay International 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Cal Bay International's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

Cal Bay International (Cal Bay International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cal Bay International Inc (OTCPK:CBYI) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1887 Whitney Mesa Drive, No. 2127, Henderson, NV, USA, 89014

Website

https://www.cbyintl.com

Cal Bay International Inc acquired a Financial, merchant card processing system, CB Green Card, that allows the legal payment to the dispensary by patients using the CB Green card for purchases within the dispensaries. The majority of the transactions are on a cash only basis. The company's merchant processing system allows for the registered dispensaries to be able to accept and process the patients CB Green card and have the proceeds deposited to their financial institution, creating an alternative to holding large amounts of non depositable cash to the banks and at the same time creating a verifiable transaction of sales for state and Federal tax collection agencies. The company has also developed a formula specifically designed for enhancing the growth of marijuana plants.