What is Safeguard Scientifics 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), Safeguard Scientifics's 12-1 Month Momentum % is -51.21%.
The industry rank for Safeguard Scientifics's 12-1 Month Momentum % or its related term are showing as below:
SFES's 12-1 Month Momentum % is ranked worse than 95.72% of 1729
companies
in the Asset Management industry
Industry Median: 2.76
vs SFES: -51.21
Competitive Comparison of Safeguard Scientifics's 12-1 Month Momentum %
For the Asset Management subindustry, Safeguard Scientifics'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.
Safeguard Scientifics's 12-1 Month Momentum % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Safeguard Scientifics's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Safeguard Scientifics'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.
Safeguard Scientifics 12-1 Month Momentum % Related Terms
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Safeguard Scientifics (Safeguard Scientifics) Business Description
Safeguard Scientifics Inc is engaged in the development of early- and growth-stage businesses by providing capital and relevant expertise to fuel the growth of an attractive portfolio of technology-enabled healthcare, digital media, and other companies. Safeguard generally promotes the growth and development of these companies through Board representation and minority equity ownership. In addition to supporting the companies, Safeguard's strategy focuses on pursuing monetization opportunities in order to return value to shareholders.
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