12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-26), The Chemours Co's 12-1 Month Momentum % is 2.90%.
The industry rank for The Chemours Co's 12-1 Month Momentum % or its related term are showing as below:
CC's 12-1 Month Momentum % is ranked better than 59.44% of 1558
companies
in the Chemicals industry
Industry Median: -4.945
vs CC: 2.90
Competitive Comparison of The Chemours Co's 12-1 Month Momentum %
For the Specialty Chemicals subindustry, The Chemours Co'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.
The Chemours Co's 12-1 Month Momentum % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, The Chemours Co's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where The Chemours Co's 12-1 Month Momentum % falls into.
The Chemours Co (NYSE:CC) 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.
The Chemours Co (NYSE:CC) 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.
The Chemours Co 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of The Chemours Co's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
The Chemours Co (The Chemours Co) Business Description
The Chemours Co is a global provider of chemicals. It delivers customized solutions with a wide range of industrial and specialty chemicals products for various markets including coatings, plastics, refrigeration, air conditioning, etc. The company's operating segments include Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials. It generates maximum revenue from the Titanium Technologies segment. The Titanium Technologies segment is a producer of TiO2 pigment, a premium white pigment used to deliver whiteness, brightness, opacity, durability, efficiency, and protection across a variety of applications. Geographically, it derives a majority of its revenue from North America.
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