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Sugarmade (Sugarmade) 12-1 Month Momentum % : -85.00% (As of May. 02, 2024)


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What is Sugarmade 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 (2024-05-02), Sugarmade's 12-1 Month Momentum % is -85.00%.

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

SGMD's 12-1 Month Momentum % is ranked worse than
98.69% of 306 companies
in the Forest Products industry
Industry Median: -1.89 vs SGMD: -85.00

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

For the Paper & Paper Products subindustry, Sugarmade'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.


Sugarmade's 12-1 Month Momentum % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sugarmade's 12-1 Month Momentum % distribution charts can be found below:

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



Sugarmade  (OTCPK:SGMD) 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.


Sugarmade  (OTCPK:SGMD) 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.


Sugarmade 12-1 Month Momentum % Related Terms

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


Sugarmade (Sugarmade) Business Description

Traded in Other Exchanges
N/A
Address
20529 East Walnut Drive North, Walnut, CA, USA, 91789
Sugarmade Inc is engaged in the marketing and distribution of environmentally friendly non-tree-based paper products. It offers products such as double poly paper cups for cold beverages; disposable, clear, plastic cold cups, paper coffee cups, yogurt cups, ice cream cups, cup lids, cup sleeves, food containers, soup containers, plastic spoons, and many other similar products for this market sector. The company operates under through Carry Out Supplies Subsidiary brand. In addition, it is also involved in the manufacturing and distribution of products and technologies that support the legal cultivation and processing of cannabis and other agricultural products.
Executives
Khoi Dang director 17785 CENTER COURT DRIVE, SUITE 750, CERRITOS CA 90703
Chenlong Tan director, 10 percent owner, other: Investor 2399 BATEMAN AVE., IRWINDALE CA 91010
Allan James Huang 10 percent owner, other: INVESTOR 750 ROYAL OAKS DR., #108, MONROVIA CA 91016
Jimmy Chan director, 10 percent owner, officer: CEO and Director 167 N. SUNSET AVE., CITY OF INDUSTRY CA 91744
Er Wang director 949 S. HOPE ST., APT. 201, LOS ANGELES CA 90015
Waylon Huang director 1510 JELLICK AVE., ROWLAND HEIGHTS CA 91748
Kevin M Kearney director 2051 COFFEE LANE, SABASTOPOL CA 95472
Stephan Pinto director 3000 DANVILLE BLVD F421, ALAMO CA 94507
Edward Roffman director 2330 MARINSHIP WAY #300, SAUSALITO CA 94965
Sanford Salzberg director C/O SUGARMADE, INC., 2280 LINCOLN AVENUE, SUITE 200, SAN JOSE CA 95125
C James Jensen director C/O ASPEN GROUP, INC., 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Leung Clifton Kuok Wai director, 10 percent owner C/O SUGARMADE, INC., 2280 LINCOLN AVE, #200, SAN JOSE CA 95125
Diversified Opportunities, Inc. 10 percent owner 750 ROYAL OAKS DR. STE. 108, MONROVIA CA 91016
Jonathan Shultz other: 10% owner until 5/9/2011 6440 LUSK BOULEVARD, SUITE 200, SAN DIEGO CA 92121
Scott Lantz director, 10 percent owner, officer: CEO C/O SUGARMADE, INC., 2280 LINCOLN AVE, #200, SAN JOSE CA 95125

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