6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-06-10), SOC Telemed's 6-1 Month Momentum % is N/A%.
The industry rank for SOC Telemed's 6-1 Month Momentum % or its related term are showing as below:
TLMDW's 6-1 Month Momentum % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: -4.93 * Ranked among companies with meaningful 6-1 Month Momentum % only.
Competitive Comparison of SOC Telemed's 6-1 Month Momentum %
For the Medical Care Facilities subindustry, SOC Telemed's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.
SOC Telemed's 6-1 Month Momentum % Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, SOC Telemed's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where SOC Telemed's 6-1 Month Momentum % falls into.
* 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.
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 6-1 Month Momentum % measures the total return to a stock over the past six 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.
SOC Telemed 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of SOC Telemed's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
SOC Telemed Inc is a provider of acute care telemedicine services and technology to U.S. hospitals and healthcare systems based on number of clients. It provides technology enabled clinical solutions which include acute teleNeurology, telePsychiatry, and teleICU, and telePulmonology service. It supports specialty care, providing time-sensitive specialty care when patients are vulnerable and may not otherwise have access. Its solution was developed to support complex workflows in the acute care setting by integrating cloud-based software platform, Telemed IQ, with a panel of patient advocates and a network of clinical specialists to create a seamless, acute telemedicine solution.
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