Otonomo Technologies (Otonomo Technologies) 6-1 Month Momentum % : N/A% (As of Jun. 06, 2024)

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What is Otonomo Technologies 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 (2024-06-06), Otonomo Technologies's 6-1 Month Momentum % is N/A%.

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

OTMOW's 6-1 Month Momentum % is not ranked ^*
in the Software industry.
Industry Median: -1.6
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Otonomo Technologies's 6-1 Month Momentum %

For the Software - Application subindustry, Otonomo Technologies'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.

Otonomo Technologies's 6-1 Month Momentum % Distribution in the Software Industry

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

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

Otonomo Technologies (NAS:OTMOW) 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.

Otonomo Technologies (NAS:OTMOW) 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.

Otonomo Technologies 6-1 Month Momentum % Related Terms

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Otonomo Technologies (Otonomo Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Otonomo Technologies Ltd (NAS:OTMOW) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Abba Eban Boulevard, Herzliya Pituach, ISR, 467256

Website

https://www.otonomo.io

Otonomo Technologies Ltd is a provider of vehicle data. It delivers the Otonomo Vehicle Data Platform and marketplace that enables car manufacturers, drivers, and service providers to be part of a connected ecosystem. Its vehicle data marketplace is a neutral intermediary between vehicle data providers and data consumers. It provides secure and equal access to hundreds of data attributes that reveal insights into driver behaviour, vehicle health, road hazards, environmental conditions, and traffic trends. Geographically it operates in APAC, and USA whilst earning key revenue from the EMEA region.