Issuer Direct (FRA:IDE) 6-1 Month Momentum % : -37.79% (As of May. 23, 2024)

View and export this data going back to 2022. Start your Free Trial

What is Issuer Direct 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 (2024-05-23), Issuer Direct's 6-1 Month Momentum % is -37.79%.

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

FRA:IDE's 6-1 Month Momentum % is ranked worse than
78.65% of 2810 companies
in the Software industry
Industry Median: -2.86 vs FRA:IDE: -37.79

Competitive Comparison of Issuer Direct's 6-1 Month Momentum %

For the Software - Application subindustry, Issuer Direct'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.

Issuer Direct's 6-1 Month Momentum % Distribution in the Software Industry

For the Software industry and Technology sector, Issuer Direct's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Issuer Direct's 6-1 Month Momentum % falls into.

Issuer Direct (FRA:IDE) 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.

Issuer Direct (FRA:IDE) 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.

Issuer Direct 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Issuer Direct's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

Issuer Direct (FRA:IDE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Issuer Direct Corp (FRA:IDE) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

ISDR:USA

Address

One Glenwood Avenue, Suite 1001, Raleigh, NC, USA, 27603

Website

https://www.issuerdirect.com

Issuer Direct Corp is a communications and compliance company. It focuses on the needs of corporate issuers. It provides disclosure management solutions, shareholder communications tools, and cloud-based compliance technologies. The company serves a diverse range of client base in the financial services industry, including brokerage firms, banks, mutual funds, accounting and the legal communities. Its current brands and products include the following: Issuer Direct, Accesswire, Investor Network, Blueprint, Classify, iProxy Direct, iR Direct and annual report service. Its primary geographic markets are North America and Europe of which North America contributes the vast majority of total revenue.