GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » SIL Investments Ltd (BOM:521194) » Definitions » 12-1 Month Momentum %

SIL Investments (BOM:521194) 12-1 Month Momentum % : 65.02% (As of May. 28, 2024)


View and export this data going back to 2002. Start your Free Trial

What is SIL Investments 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 (2024-05-28), SIL Investments's 12-1 Month Momentum % is 65.02%.

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

BOM:521194's 12-1 Month Momentum % is ranked better than
94.22% of 1729 companies
in the Asset Management industry
Industry Median: 2.76 vs BOM:521194: 65.02

Competitive Comparison of SIL Investments's 12-1 Month Momentum %

For the Asset Management subindustry, SIL Investments'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.


SIL Investments's 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SIL Investments's 12-1 Month Momentum % distribution charts can be found below:

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



SIL Investments  (BOM:521194) 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.


SIL Investments  (BOM:521194) 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.


SIL Investments 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of SIL Investments's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


SIL Investments (BOM:521194) Business Description

Traded in Other Exchanges
Address
Pachpahar Road, Bhawanimandi, RJ, IND, 326502
SIL Investments Ltd operates its business as an investment company. It is engaged in the operation of investment and lending activities. It invests in financially sound companies and has immovable properties in the State of Maharashtra, Uttar Pradesh, and other regions. Further, it holds the investment in shares and securities too. The business activity of the Group falls within one business segment being, Investment and Lending Activities.

SIL Investments (BOM:521194) Headlines

No Headlines