% Price Change over last 3 years

What is the definition of % Price Chg 3y?

This measures the absolute percentage performance of the share price over the past three years.
It is calculated as (Current Price minus Old Price) divided by Old Price x 100.


Stockopedia explains % Price Chg 3y...

Academic research by deBondt and Thaler illustrates that 3 year losers have a tendency to outperform 3y winners. This is the concept of mean reversion at work. Some have suggested that momentum and value investing are correlated.


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