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), Southern Copper's 12-1 Month Momentum % is 35.25%.
The industry rank for Southern Copper's 12-1 Month Momentum % or its related term are showing as below:
SCCO's 12-1 Month Momentum % is ranked better than 89.67% of 2603
companies
in the Metals & Mining industry
Industry Median: -32.88
vs SCCO: 35.25
Competitive Comparison of Southern Copper's 12-1 Month Momentum %
For the Copper subindustry, Southern Copper'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.
Southern Copper's 12-1 Month Momentum % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Southern Copper's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Southern Copper'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.
Southern Copper 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Southern Copper's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Southern Copper (Southern Copper) Business Description
Southern Copper Corp is an integrated producer of copper and other minerals and operates the mining, smelting, and refining facilities in Peru and Mexico. Its production includes copper, molybdenum, zinc, and silver. The company operates through the following segments: Peruvian operations, Mexican open-pit operations, and Mexican underground mining operations. Southern Copper generates the majority of its revenue from the sale of copper and the rest from the sale of non-copper products, such as molybdenum, silver, zinc, lead, and gold. Its geographical segments are The Americas, Europe, and Asia.
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