Park Lawn (TSX:PLC) 12-1 Month Momentum % : -35.49% (As of May. 05, 2024)

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What is Park Lawn 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 (2024-05-05), Park Lawn's 12-1 Month Momentum % is -35.49%.

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

TSX:PLC's 12-1 Month Momentum % is ranked worse than
82.52% of 103 companies
in the Personal Services industry
Industry Median: -6.04 vs TSX:PLC: -35.49

Competitive Comparison of Park Lawn's 12-1 Month Momentum %

For the Personal Services subindustry, Park Lawn'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.

Park Lawn's 12-1 Month Momentum % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Park Lawn's 12-1 Month Momentum % distribution charts can be found below:

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

Park Lawn (TSX:PLC) 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.

Park Lawn (TSX:PLC) 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.

Park Lawn 12-1 Month Momentum % Related Terms

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Park Lawn (TSX:PLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Park Lawn Corp (TSX:PLC) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

PRRWF:USA PL2:Germany

Address

2 St. Clair Avenue West, Suite 705, Toronto, ON, CAN, M4T 2T5

Website

https://www.parklawncorp.com

Park Lawn Corp provides goods and services associated with the disposition and memorialization of remains in Canada and the United States. It owns and operates cemeteries, crematoriums, and funeral homes, and funeral services business. The entity generates revenue from the sale of cemetery property interment rights, cemetery services and merchandise sales, and funeral services and merchandise sales. It operates in the United States and Canada, of which key revenue is generated from the United States.