Latch (LTCH) 12-1 Month Momentum % : 14.67% (As of May. 08, 2024)

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What is Latch 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 (2024-05-08), Latch's 12-1 Month Momentum % is 14.67%.

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

LTCH's 12-1 Month Momentum % is not ranked
in the Software industry.
Industry Median: -5.29 vs LTCH: 14.67

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

For the Software - Application subindustry, Latch'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.

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

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

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

Latch (OTCPK:LTCH) 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.

Latch (OTCPK:LTCH) 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.

Latch 12-1 Month Momentum % Related Terms

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Latch (LTCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Latch Inc (OTCPK:LTCH) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

508 West 26th Street, Suite 6G, New York, NY, USA, 10001

Website

https://www.latch.com

Latch Inc makes spaces better places to live, work, and visit through a system of software, devices, and services. It specializes in keyless entry security systems to open and manage every door in an apartment building from a smartphone. LatchOS enables spaces across North America, including in 44 states and Canada, from affordable housing in Baltimore, to historic buildings in Manhattan, to luxury towers in the Midwest. Latch works with real estate developers, large and small, ranging from the largest real estate companies in the world to passionate local owners.

Executives

Keyes John J Iv	officer: Interim CEO	C/O LATCH, INC., 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Marc E Landy	officer: Interim CFO	C/O LATCH, INC., 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Junji Nakamura	officer: Chief Accounting Officer	C/O LATCH, INC., 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Barry Schaeffer	officer: Interim CFO & Treasurer	C/O LATCH, INC., 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Josh Wolfe	10 percent owner	C/O LUX HEALTH TECH ACQUISITION CORP., 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Garth Mitchell	officer: CFO & Treasurer	508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Raju Rishi	director	508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Ali Hussain	officer: Chief Operating Officer	508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Michael Brian Jones	officer: Chief Technology Officer	508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
J. Allen Smith	director	508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Andrew Sugrue	director	508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Luke Schoenfelder	director, officer: Chief Executive Officer	508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Reynolds James Madison Iv	10 percent owner	C/O LATCH, INC., 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Avenir Latch Investors, Llc	10 percent owner	C/O AVENIR MANAGEMENT COMPANY, LLC, 135 FIFTH AVENUE, 7TH FLOOR, NEW YORK NY 10010
Avenir Management Company, Llc	10 percent owner	817 BROADWAY, 12TH FLOOR, NEW YORK NY 10003