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Heidelberg Materials AG (XTER:HEI) 12-1 Month Momentum % : 41.76% (As of Apr. 25, 2024)


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What is Heidelberg Materials AG 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 (2024-04-25), Heidelberg Materials AG's 12-1 Month Momentum % is 41.76%.

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

XTER:HEI's 12-1 Month Momentum % is ranked better than
77.05% of 414 companies
in the Building Materials industry
Industry Median: 2.54 vs XTER:HEI: 41.76

Competitive Comparison of Heidelberg Materials AG's 12-1 Month Momentum %

For the Building Materials subindustry, Heidelberg Materials AG'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.


Heidelberg Materials AG's 12-1 Month Momentum % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Heidelberg Materials AG's 12-1 Month Momentum % distribution charts can be found below:

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



Heidelberg Materials AG  (XTER:HEI) 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.


Heidelberg Materials AG  (XTER:HEI) 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.


Heidelberg Materials AG 12-1 Month Momentum % Related Terms

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Heidelberg Materials AG (XTER:HEI) Business Description

Address
Berliner Strasse 6, Heidelberg, BW, DEU, 69120
Heidelberg Materials is one of the world's largest building materials companies, with operations in 60 countries. Its core activities include the production of cement and aggregates, which are used to construct houses, infrastructure, and commercial facilities. The sale of cement and aggregates accounts for the majority of group revenue and profits. North America is the company's largest market, contributing 29% of EBITDA, followed by Western and Southern Europe, contributing 21%. Heidelberg Materials is listed in Germany and has 55,000 employees.
Executives
Ludwig Merckle Supervisory Board
René Aldach Board of Directors
Dennis Lentz Board of Directors
Ernest Jelito Board of Directors
Christopher Ward Board of Directors
Kevin Gluskie Board of Directors
Dr. Dominik Von Achten Board of Directors