Dnow (DNOW) 12-1 Month Momentum % : 45.16% (As of Apr. 27, 2024)

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What is Dnow 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 (2024-04-27), Dnow's 12-1 Month Momentum % is 45.16%.

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

DNOW's 12-1 Month Momentum % is ranked better than
81.33% of 2924 companies
in the Industrial Products industry
Industry Median: 0.585 vs DNOW: 45.16

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

For the Specialty Industrial Machinery subindustry, Dnow'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.

Dnow's 12-1 Month Momentum % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dnow's 12-1 Month Momentum % distribution charts can be found below:

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

Dnow (NYSE:DNOW) 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.

Dnow (NYSE:DNOW) 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.

Dnow 12-1 Month Momentum % Related Terms

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Dnow (DNOW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dnow Inc (NYSE:DNOW) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

11N:Germany 11N:Germany

Address

7402 North Eldridge Parkway, Houston, TX, USA, 77041

Website

https://www.distributionnow.com

Dnow Inc is a company engaged in worldwide supplying of energy and industrial products and packaged, engineered process and production equipment with a legacy of over one sixty years. They offer a broad set of supply chain solutions combined with a suite of digital solutions branded as DigitalNOW that provide customers world-class technology for digital commerce, data and information management. Its locations provide products and solutions to exploration and production companies, midstream transmission and storage companies, refineries, chemical companies, utilities, mining, municipal water, manufacturers, engineering and construction companies as well as companies operating in the decarbonization, energy transition and renewables end markets.

Executives

Karen David-green	director	C/O WINSTON & STRAWN LLP, 800 CAPITOL ST., SUITE 2400, HOUSTON TX 77002
David A Cherechinsky	officer: Sr. Vice President and CFO	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Sonya Reed	director	4 TESSENEER DRIVE, HIGHLAND HEIGHTS KY 41076
Fanny R. Surratt	officer: See Remarks	NOW INC., C/O RAYMOND CHANG, 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Kelly T. Munson	officer: See Remarks	NOW INC., C/O RAYMOND CHANG, 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Richard J Alario	director	C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
Paul M Coppinger	director
Rodney W Eads	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
J. Wayne Richards	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Galen Cobb	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Terry Bonno	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
James Crandell	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Daniel L Molinaro	officer: Executive Vice President	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Mark B Johnson	officer: See Remarks	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Raymond W Chang	officer: VP and General Counsel	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041