12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-11), MicroAlgo's 12-1 Month Momentum % is -85.10%.
The industry rank for MicroAlgo's 12-1 Month Momentum % or its related term are showing as below:
MLGO's 12-1 Month Momentum % is ranked worse than 97.25% of 2726
companies
in the Software industry
Industry Median: -5.115
vs MLGO: -85.10
Competitive Comparison of MicroAlgo's 12-1 Month Momentum %
For the Software - Infrastructure subindustry, MicroAlgo'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.
MicroAlgo's 12-1 Month Momentum % Distribution in the Software Industry
For the Software industry and Technology sector, MicroAlgo's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where MicroAlgo's 12-1 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 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.
MicroAlgo 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of MicroAlgo's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Taoyuan Street, Unit 507, Building C, Long Jing High & New Technology Jingu Pioneer Park, Nanshan District, Shenzhen, CHN, 518052
Website
MicroAlgo Inc is divided into two segments Central processing algorithm services & Intelligent chips and services. The majority is from the Central processing algorithm services. which refer to a range of computing algorithms, analytical algorithms, recommendation algorithms, & acceleration algorithms. The businesses engaged in internet advertisement, game development, intelligent chip design, finance, retail, & logistics depend on the ability to process & analyze data with optimized computing software & hardware capable of handling the data workload. Intelligent chips & services revenues include revenues generated from the resale of intelligent chips. All of the Company's net revenues were generated in the PRC, Hong Kong, & Singapore, out of which the majority is from the PRC.
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