Suncor Energy (Suncor Energy) 12-1 Month Momentum %

: 17.90% (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 (2024-04-23), Suncor Energy's 12-1 Month Momentum % is 17.90%.

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

SU's 12-1 Month Momentum % is ranked better than
69.37% of 1087 companies
in the Oil & Gas industry
Industry Median: -0.95 vs SU: 17.90

Competitive Comparison

For the Oil & Gas Integrated subindustry, Suncor Energy'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.

Suncor Energy 12-1 Month Momentum % Distribution

For the Oil & Gas industry and Energy sector, Suncor Energy's 12-1 Month Momentum % distribution charts can be found below:

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

Suncor Energy (NYSE:SU) 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.

Suncor Energy (NYSE:SU) 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.

Suncor Energy 12-1 Month Momentum % Related Terms

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Suncor Energy (Suncor Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Suncor Energy Inc (NYSE:SU) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

SUU:Mexico SM3:Germany SU:Canada

Address

150 - 6th Avenue S.W., P.O. Box 2844, Calgary, AB, CAN, T2P 3E3

Website

https://www.suncor.com

Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company's Petro-Canada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power.