12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-24), General Motors Co's 12-1 Month Momentum % is 28.35%.
The industry rank for General Motors Co's 12-1 Month Momentum % or its related term are showing as below:
GM's 12-1 Month Momentum % is ranked better than 70.14% of 1276
companies
in the Vehicles & Parts industry
Industry Median: 5.535
vs GM: 28.35
Competitive Comparison
For the Auto Manufacturers subindustry, General Motors 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.
General Motors Co 12-1 Month Momentum % Distribution
For the Vehicles & Parts industry and Consumer Cyclical sector, General Motors Co's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where General Motors Co's 12-1 Month Momentum % falls into.
General Motors Co (NYSE:GM) 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.
General Motors Co (NYSE:GM) 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.
General Motors Co 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of General Motors Co's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
General Motors Co (General Motors Co) Business Description
General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its U.S. market share leader crown in 2022, after losing it to Toyota due to the chip shortage in 2021, with share up 170 basis points to 16.4%, a full percentage point ahead of Toyota. GM's Cruise autonomous vehicle arm has previously done driverless geofenced AV robotaxi services in San Francisco and other cities but stopped in late 2023 after an accident. GM owns over 80% of Cruise. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GM has been successfully added to your