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Yudiz Solutions (NSE:YUDIZ) 12-1 Month Momentum % : N/A% (As of May. 26, 2024)


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What is Yudiz Solutions 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 (2024-05-26), Yudiz Solutions's 12-1 Month Momentum % is N/A%.

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

NSE:YUDIZ's 12-1 Month Momentum % is not ranked *
in the Software industry.
Industry Median: -6.36
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of Yudiz Solutions's 12-1 Month Momentum %

For the Information Technology Services subindustry, Yudiz Solutions'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.


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

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

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



Yudiz Solutions  (NSE:YUDIZ) 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.


Yudiz Solutions  (NSE:YUDIZ) 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.


Yudiz Solutions 12-1 Month Momentum % Related Terms

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Yudiz Solutions (NSE:YUDIZ) Business Description

Traded in Other Exchanges
N/A
Address
Iscon-Ambli Road, 13th Floor, B square 2, Ahmedabad, GJ, IND, 380054
Yudiz Solutions Ltd is engaged in the business of providing IT solutions and consultancy focused on providing scalable and secure solutions to shape a business idea by implementing the latest and cutting-edge technologies. It offers web, mobile, game and blockchain solutions for business. It is an ISO 9001:2015 certified IT development company and an ideal digital transformation and technology services company for customers' needs. The company has consistently delivered a competitive edge in the form of robust, fore-sighted, and qualitative solutions.

Yudiz Solutions (NSE:YUDIZ) Headlines

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