ATW Tech (TSXV:ATW) 12-1 Month Momentum % : -50.00% (As of May. 17, 2024)

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What is ATW Tech 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 (2024-05-17), ATW Tech's 12-1 Month Momentum % is -50.00%.

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

TSXV:ATW's 12-1 Month Momentum % is ranked worse than
90.46% of 2736 companies
in the Software industry
Industry Median: -6.47 vs TSXV:ATW: -50.00

Competitive Comparison of ATW Tech's 12-1 Month Momentum %

For the Software - Infrastructure subindustry, ATW Tech'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.

ATW Tech's 12-1 Month Momentum % Distribution in the Software Industry

For the Software industry and Technology sector, ATW Tech's 12-1 Month Momentum % distribution charts can be found below:

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

ATW Tech (TSXV:ATW) 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.

ATW Tech (TSXV:ATW) 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.

ATW Tech 12-1 Month Momentum % Related Terms

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ATW Tech (TSXV:ATW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ATW Tech Inc (TSXV:ATW) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1050 de la Montagne Street, Suite 400, Montreal, QC, CAN, H3G 1Y8

Website

https://www.atwtech.com

ATW Tech Inc is a financial technology company owning several web platforms including VoxTel, VuduMobile, Option.vote and Bloomed. The Communication segment offers various interactive communication and payment solutions, including carrier billing. Its Psychometric assessment segment offered assistance to businesses and mass markets in talent optimization and human capital development. Geographic segments include Canada, the United States, Europe, and other countries of which Europe region generates maximum revenue.