12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-20), Enerpac Tool Group's 12-1 Month Momentum % is 40.40%.
The industry rank for Enerpac Tool Group's 12-1 Month Momentum % or its related term are showing as below:
EPAC's 12-1 Month Momentum % is ranked better than 81.01% of 2912
companies
in the Industrial Products industry
Industry Median: -2.505
vs EPAC: 40.40
Competitive Comparison
For the Specialty Industrial Machinery subindustry, Enerpac Tool Group'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.
Enerpac Tool Group 12-1 Month Momentum % Distribution
For the Industrial Products industry and Industrials sector, Enerpac Tool Group's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Enerpac Tool Group's 12-1 Month Momentum % falls into.
Enerpac Tool Group (NYSE:EPAC) 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.
Enerpac Tool Group (NYSE:EPAC) 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.
Enerpac Tool Group 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Enerpac Tool Group's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Enerpac Tool Group (Enerpac Tool Group) Business Description
Enerpac Tool Group, previously known as Actuant, provides high-precision tools, controlled-force products, and solutions for precise heavy lifting. The company operates through two segments: industrial tools and services and other. It categorizes its revenue into two parts: product sales and services, which include manpower services and rentals. Product sales is the largest contributor to the company's total revenue. Geographically, the company operates in the United States, Asia, Australia, Europe, Middle East, and other areas. The U.S. makes up the largest contribution to the company's total revenue.
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