Envela (Envela) 12-1 Month Momentum % : -25.61% (As of May. 02, 2024)

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What is Envela 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 (2024-05-02), Envela's 12-1 Month Momentum % is -25.61%.

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

ELA's 12-1 Month Momentum % is ranked worse than
74.11% of 1093 companies
in the Retail - Cyclical industry
Industry Median: -4.07 vs ELA: -25.61

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

For the Luxury Goods subindustry, Envela'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.

Envela's 12-1 Month Momentum % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Envela's 12-1 Month Momentum % distribution charts can be found below:

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

Envela (AMEX:ELA) 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.

Envela (AMEX:ELA) 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.

Envela 12-1 Month Momentum % Related Terms

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Envela (Envela) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Envela Corp (AMEX:ELA) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1901 Gateway Drive, Suite 100, Irving, TX, USA, 75038

Website

https://www.envela.com

Envela Corp and its subsidiaries engage in diverse business activities within the recommerce sector. These include recommercializing luxury hard assets, consumer electronics and IT equipment; and end-of-life recycling solutions. It operates through two re-commerce business segments represented by its two direct subsidiaries. DGSE, LLC primarily buys to resell or recycle luxury hard assets like jewelry, diamonds, gemstones, fine watches, rare coins and related collectibles, precious-metal bullion products, gold, silver and other precious metals, and ECHG, LLC focuses on the recommercialization of business IT equipment and consumer electronic devices.

Executives

Allison M Destefano	director	5353 KELLER SPRINGS, #2221, DALLAS TX 75248
Bret Allen Pedersen	officer: CHIEF FINANCIAL OFFICER	13022 PRESTON RD, DALLAS TX 75240
Richard D Schepp	director	C/O KOHLS LEGAL, N56 W170000 RIDGEWOOD DR, MENOMONEE FALLS WI 53051
James R Ruth	director	1337 EAGLE BEND DRIVE, SOUTHLAKE TX 76092
Alexandra C Griffin	director	2500 MCKINNEY AVE., #839, DALLAS TX 75201
Joel S Friedman	director	11527 ASHLEY LANE, FRISCO TX 75035
Eduro Holdings, Llc	10 percent owner	38660 SUSSEX HWY., BLDG 10, #102, DELMAR DE 19940-3529
John Richardson Loftus	director, 10 percent owner, officer: Chairman, President & CEO	13022 PRESTON RD, DALLAS TX 75240
Truscott Capital, Llc	10 percent owner	40 E. MAIN STREET, SUITE 626, NEWARK DE 19711
Ntr Metals, Llc	10 percent owner	10720 COMPOSITE DRIVE, DALLAS TX 75220
Elemetal, Llc	10 percent owner	15850 DALLAS PARKWAY, DALLAS TX 75248
Stephen Raymond Patterson	officer: Acting Chief Financial Officer	15850 DALLAS PARKWAY, SUITE 140, DALLAS TX 75248
William E Leroy	director	15850 DALLAS PARKWAY, SUITE 140, DALLAS TX 75248
Michael J. Noel	director	724 LEXINGTON AVE, COPPELL TX 75019
Nabil J. Lopez	director, officer: Chief Financial Officer	15850 DALLAS PARKWAY, SUITE 140, DALLAS TX 75248