12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-16), Trilogy Metals's 12-1 Month Momentum % is -24.50%.
The industry rank for Trilogy Metals's 12-1 Month Momentum % or its related term are showing as below:
TMQ's 12-1 Month Momentum % is ranked better than 62.89% of 2587
companies
in the Metals & Mining industry
Industry Median: -33.33
vs TMQ: -24.50
Competitive Comparison
For the Other Industrial Metals & Mining subindustry, Trilogy Metals'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.
Trilogy Metals 12-1 Month Momentum % Distribution
For the Metals & Mining industry and Basic Materials sector, Trilogy Metals's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Trilogy Metals'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.
Trilogy Metals 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Trilogy Metals's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Trilogy Metals (Trilogy Metals) Business Description
Trilogy Metals Inc is an exploration stage company engaged in mineral exploration. The company focuses on exploring and developing its mineral resource properties, which include the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), in the Ambler mining district located in Alaska, the United States. Its properties have the Arctic copper-zinc- lead-gold-silver project and other mineralized targets within a volcanogenic massive sulfide belt, and it also has a bornite carbonate-hosted copper project.
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