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Cactus (Cactus) 12-1 Month Momentum % : 21.14% (As of Apr. 26, 2024)


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What is Cactus 12-1 Month Momentum %?

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), Cactus's 12-1 Month Momentum % is 21.14%.

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

WHD's 12-1 Month Momentum % is ranked better than
69.85% of 1088 companies
in the Oil & Gas industry
Industry Median: -0.835 vs WHD: 21.14

Competitive Comparison of Cactus's 12-1 Month Momentum %

For the Oil & Gas Equipment & Services subindustry, Cactus'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.


Cactus's 12-1 Month Momentum % Distribution in the Oil & Gas Industry

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

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



Cactus  (NYSE:WHD) 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.


Cactus  (NYSE:WHD) 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.


Cactus 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Cactus's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cactus (Cactus) Business Description

Industry
Traded in Other Exchanges
N/A
Address
920 Memorial City Way, Suite 300, Houston, TX, USA, 77024
Cactus Inc is engaged in the designing, manufacturing, and sale of wellheads and pressure control equipment. Its principal products include Cactus SafeDrill wellhead systems, frac stacks, zipper manifolds, and production trees. The company also provides mission-critical field services, including service crews to assist with the installation, maintenance, and safe handling of the wellhead and pressure control equipment, as well as repair services for equipment that it sells or rents. It sells or rents its products principally for onshore unconventional oil and gas wells that are utilized during the drilling, completion (including fracturing), and production.
Executives
Scott Bender director, officer: President, CEO ONE GREENWAY PLAZA, SUITE 200, HOUSTON TX 77046
Joel Bender director, officer: COO, Senior VP and Sec ONE GREENWAY PLAZA, SUITE 200, HOUSTON TX 77046
Steven Bender officer: VP of Operations ONE GREENWAY PLAZA, SUITE 200, HOUSTON TX 77046
William D Marsh officer: GC, VP of Admin. and Secretary 2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019
John A Odonnell director 2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019
Bruce M Rothstein director 800 WESTCHESTER AVENUE, SUITE 617 NORTH, RYE BROOK NY 10573
Stephen Tadlock officer: VP of Corporate Services COBALT CENTER 920 MEMORIAL CITY WAY, SUITE 300, HOUSTON TX 77024
Donna L Anderson officer: Chief Accounting Officer 10811 S. WESTVIEW CIRCLE DRIVE, BUILDING C, SUITE 100, HOUSTON TX 77043
Michael Y Mcgovern director 700 LOUISIANA, STE 4300, HOUSTON TX 77002
Alan Semple director ONE GREENWAY PLAZA, SUITE 200, HOUSTON TX 77046
Gary L Rosenthal director 333 CLAY STREET, SUITE 4620, HOUSTON TX 77002
David John Isaac officer: GC and VP of Administration 920 MEMORIAL CITY WAY, SUITE 300, HOUSTON TX 77024
Tymothi O. Tombar director 2713 CRAWFORD ST., HOUSTON TX 77004
Cadent Energy Partners Ii Lp director 800 WESTCHESTER AVENUE, SUITE 617 NORTH, RYE BROOK NY 10573
Melissa Law director 920 MEMORIAL CITY WAY, SUITE 300, HOUSTON TX 77024

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