What is Comfort Systems USA 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 (2024-05-01), Comfort Systems USA's 12-1 Month Momentum % is 112.53%.
The industry rank for Comfort Systems USA's 12-1 Month Momentum % or its related term are showing as below:
FIX's 12-1 Month Momentum % is ranked better than 92.59% of 1768
companies
in the Construction industry
Industry Median: 5.82
vs FIX: 112.53
Competitive Comparison of Comfort Systems USA's 12-1 Month Momentum %
For the Engineering & Construction subindustry, Comfort Systems USA'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.
Comfort Systems USA's 12-1 Month Momentum % Distribution in the Construction Industry
For the Construction industry and Industrials sector, Comfort Systems USA's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Comfort Systems USA's 12-1 Month Momentum % falls into.
Comfort Systems USA (NYSE:FIX) 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.
Comfort Systems USA (NYSE:FIX) 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.
Comfort Systems USA 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Comfort Systems USA's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Comfort Systems USA (Comfort Systems USA) Business Description
Comfort Systems USA Inc provides comprehensive mechanical contracting services, including heating, ventilation, & air conditioning, or HVAC; plumbing; piping & controls; construction; and other electrical components. Projects are mainly for commercial, industrial, & institutional buildings, & tend to be geared toward HVAC. Revenue is roughly split between installation services for newly constructed facilities & maintenance services for existing buildings. The company installs & repairs products and systems throughout the United States. It operates in two segments, Mechanical services & Electrical services, the majority is from the Mechanical services segment.
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