GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enwell Energy PLC (LSE:ENW) » Definitions » 12-1 Month Momentum %

Enwell Energy (LSE:ENW) 12-1 Month Momentum % : -26.23% (As of May. 10, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Enwell Energy 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 (2024-05-10), Enwell Energy's 12-1 Month Momentum % is -26.23%.

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

LSE:ENW's 12-1 Month Momentum % is ranked worse than
76.97% of 1090 companies
in the Oil & Gas industry
Industry Median: 5.49 vs LSE:ENW: -26.23

Competitive Comparison of Enwell Energy's 12-1 Month Momentum %

For the Oil & Gas E&P subindustry, Enwell Energy'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.


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

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

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



Enwell Energy  (LSE:ENW) 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.


Enwell Energy  (LSE:ENW) 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.


Enwell Energy 12-1 Month Momentum % Related Terms

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


Enwell Energy (LSE:ENW) Business Description

Traded in Other Exchanges
Address
16 Old Queen Street, London, GBR, SW1H 9HP
Enwell Energy PLC is an independent oil and gas company. The company's principal activity is oil and gas exploration, development and production. They have four fields in appraisal, development and production which are three fields in Poltava region and one in Kharkiv region. Business operations of the company are mainly functioned through Ukraine, and the United Kingdom. The majority of its revenue is derived from gas sales and geographically from Ukraine. The Company's gas, condensate and LPG extraction and production facilities are located in Ukraine.

Enwell Energy (LSE:ENW) Headlines

No Headlines