12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-27), MGP Ingredients's 12-1 Month Momentum % is -14.28%.
The industry rank for MGP Ingredients's 12-1 Month Momentum % or its related term are showing as below:
MGPI's 12-1 Month Momentum % is ranked worse than 56.22% of 233
companies
in the Beverages - Alcoholic industry
Industry Median: -11.98
vs MGPI: -14.28
Competitive Comparison of MGP Ingredients's 12-1 Month Momentum %
For the Beverages - Wineries & Distilleries subindustry, MGP Ingredients'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.
MGP Ingredients's 12-1 Month Momentum % Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, MGP Ingredients's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where MGP Ingredients'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.
MGP Ingredients 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of MGP Ingredients's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
MGP Ingredients (MGP Ingredients) Business Description
MGP Ingredients Inc is a producer and supplier of premium distilled spirits and specialty wheat protein and starch food ingredients. MGP also produces high-quality industrial alcohol for use in both food and non-food applications. It operates in three segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Distillery Solutions provides distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil: and warehouse services, including barrel put away, storage, and retrieval services. It derives most of its revenue from the Distillery Solutions segment.
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