12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-27), Pactiv Evergreen's 12-1 Month Momentum % is 87.09%.
The industry rank for Pactiv Evergreen's 12-1 Month Momentum % or its related term are showing as below:
PTVE's 12-1 Month Momentum % is ranked better than 93.58% of 405
companies
in the Packaging & Containers industry
Industry Median: 0.14
vs PTVE: 87.09
Competitive Comparison of Pactiv Evergreen's 12-1 Month Momentum %
For the Packaging & Containers subindustry, Pactiv Evergreen'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.
Pactiv Evergreen's 12-1 Month Momentum % Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Pactiv Evergreen's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Pactiv Evergreen's 12-1 Month Momentum % falls into.
* 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.
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.
Pactiv Evergreen 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Pactiv Evergreen's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Pactiv Evergreen (Pactiv Evergreen) Business Description
Pactiv Evergreen Inc is engaged in the business of manufacturing and distributing fresh foodservice and food merchandising products and fresh beverage cartons. It operates in three segments: Foodservice, Food Merchandising, and Beverage Merchandising. These segments manufacture a broad range of products such as food containers, drinkware, tableware, service ware, ready-to-eat food containers, clear rigid-display containers, trays for meat and poultry, molded fiber egg cartons, printed cartons, spouts & filling machines, and other products. The company's geographical segments are the United States, the Rest of North America, and Others, of which the vast majority of its revenue comes from the United States.
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