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Intra-Cellular Therapies (BSP:I2TC34) 6-1 Month Momentum % : N/A% (As of Jun. 10, 2024)


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What is Intra-Cellular Therapies 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-06-10), Intra-Cellular Therapies's 6-1 Month Momentum % is N/A%.

The industry rank for Intra-Cellular Therapies's 6-1 Month Momentum % or its related term are showing as below:

BSP:I2TC34's 6-1 Month Momentum % is not ranked *
in the Drug Manufacturers industry.
Industry Median: -2
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Intra-Cellular Therapies's 6-1 Month Momentum %

For the Drug Manufacturers - Specialty & Generic subindustry, Intra-Cellular Therapies's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.


Intra-Cellular Therapies's 6-1 Month Momentum % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Intra-Cellular Therapies's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Intra-Cellular Therapies's 6-1 Month Momentum % falls into.



Intra-Cellular Therapies  (BSP:I2TC34) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-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.


Intra-Cellular Therapies  (BSP:I2TC34) 6-1 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 6-1 Month Momentum % measures the total return to a stock over the past six 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.


Intra-Cellular Therapies 6-1 Month Momentum % Related Terms

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Intra-Cellular Therapies (BSP:I2TC34) Business Description

Traded in Other Exchanges
Address
430 East 29th Street, New York, NY, USA, 10016
Intra-Cellular Therapies Inc is a biopharmaceutical company that develops novel drugs for treating diseases of the central nervous system. The company is focused on the delivery and clinical development of small-molecule drugs that address needs in neuropsychiatric and neurological disorders. Intra-Cellular maintains proprietary chemistry platforms to develop drugs for neurodegenerative diseases. The company's business segment is discovering and developing drugs for the treatment of neurological and psychiatric disorders.

Intra-Cellular Therapies (BSP:I2TC34) Headlines

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