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R SL Electronics (XTAE:RSEL) 12-1 Month Momentum % : 33.20% (As of May. 12, 2024)


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What is R SL Electronics 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 (2024-05-12), R SL Electronics's 12-1 Month Momentum % is 33.20%.

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

XTAE:RSEL's 12-1 Month Momentum % is not ranked
in the Aerospace & Defense industry.
Industry Median: 6.26 vs XTAE:RSEL: 33.20

Competitive Comparison of R SL Electronics's 12-1 Month Momentum %

For the Aerospace & Defense subindustry, R SL Electronics'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.


R SL Electronics's 12-1 Month Momentum % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, R SL Electronics's 12-1 Month Momentum % distribution charts can be found below:

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



R SL Electronics  (XTAE:RSEL) 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.


R SL Electronics  (XTAE:RSEL) 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.


R SL Electronics 12-1 Month Momentum % Related Terms

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R SL Electronics (XTAE:RSEL) Business Description

Traded in Other Exchanges
N/A
Address
Ramat Gabriel Industrial Zone, POB 21, Migdal Ha'Emek, ISR, 23100
R SL Electronics Ltd develops and manufactures control, diagnostics and prognostics systems for aerospace, marine and land applications. Its solutions include airborne control systems and airborne health and usage management systems. The company's activity in the field is intended for upgrading engine control systems or controlling old server systems in military aircraft. It specialized in integrated smart solutions for Control & Utilities, Health Monitoring and Diagnostic & Prognostic for the defense, railroad and energy sectors.

R SL Electronics (XTAE:RSEL) Headlines

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