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ITT (ITT) 12-1 Month Momentum %

: 53.58% (As of Today)
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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), ITT's 12-1 Month Momentum % is 53.58%.

The industry rank for ITT's 12-1 Month Momentum % or its related term are showing as below:

ITT's 12-1 Month Momentum % is ranked better than
83.54% of 2917 companies
in the Industrial Products industry
Industry Median: -2.51 vs ITT: 53.58

Competitive Comparison

For the Specialty Industrial Machinery subindustry, ITT'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.


ITT 12-1 Month Momentum % Distribution

For the Industrial Products industry and Industrials sector, ITT's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where ITT's 12-1 Month Momentum % falls into.



ITT  (NYSE:ITT) 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.


ITT  (NYSE:ITT) 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.


ITT 12-1 Month Momentum % Related Terms

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ITT (ITT) Business Description

Traded in Other Exchanges
Address
100 Washington Boulevard, 6th Floor, Stamford, CT, USA, 06902
ITT is a diversified industrial conglomerate with over $3 billion in sales. After the spinoffs of Xylem and Exelis in 2011, the company's products primarily include brake pads, shock absorbers, pumps, valves, connectors, and switches. Its customers include original-equipment and Tier 1 manufacturers as well as aftermarket customers. ITT uses a network of approximately 700 independent distributors, which accounts for about one third of overall revenue. Nearly three fourths of the company's sales are made in North America and Europe. ITT's primary end markets include automotive, rail, oil and gas, aerospace and defense, chemical, mining, and general industrial.
Executives
Ryan F. Flynn officer: See Remarks 56 TECHNOLOGY DR., IRVINE CA 92618
Don Defosset director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Nazzic S Keene director 1710 SAIC DRIVE, MCLEAN VA 22102
Kevin C Berryman director 521 WEST 57TH STREET, NEW YORK NY 10019
Maurine C. Lembesis officer: See Remarks 8 RYANS RUN, PLEASANT VALLEY NY 12569
Carlo Ghirardo officer: See Remarks VIA BONINO, 5, BRA (CN) L6 12042
Fernando Roland officer: SVP & Pres Industrial Process 100 WASHINGTON BLVD., 6TH FLOOR, STAMFORD CT 06902
Lori B. Marino officer: SVP, General Counsel 100 WASHINGTON BLVD, STAMFORD CT 06902
De Mesa Graziano Cheryl officer: VP, Chief Accounting Officer 80 GRASSLANDS ROAD, ELMSFORD NY 10523
Emmanuel Caprais officer: Chief Financial Officer 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Mary Elizabeth Gustafsson officer: See Remarks ITT CORPORATION, 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Timothy H Powers director C/O RICHARD W DAVLES HUBBELL INC, 684 DERBY MILFORD RD, ORANGE CT 06477
Luca Savi officer: See Remarks C/O ITT CORPORATION, 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Bartek Markowiecki officer: SVP, Strategy & Corp Dev. C/O ITT INC., 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Orlando D Ashford director C/O AMERANT BANK, 220 ALHAMBRA CR., CORAL GABLES FL 33134