12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-28), Aurora Innovation's 12-1 Month Momentum % is 87.31%.
The industry rank for Aurora Innovation's 12-1 Month Momentum % or its related term are showing as below:
AUR's 12-1 Month Momentum % is ranked better than 91.3% of 2724
companies
in the Software industry
Industry Median: -3.34
vs AUR: 87.31
Competitive Comparison of Aurora Innovation's 12-1 Month Momentum %
For the Information Technology Services subindustry, Aurora Innovation'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.
Aurora Innovation's 12-1 Month Momentum % Distribution in the Software Industry
For the Software industry and Technology sector, Aurora Innovation's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Aurora Innovation'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.
Aurora Innovation 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Aurora Innovation's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Aurora Innovation (Aurora Innovation) Business Description
Aurora Innovation Inc is engaged in delivering self-driving technology safely, quickly, and broadly. The company designs and develops the Aurora Driver, which is the hardware, software, and data services that allow vehicles to drive themselves. Its flagship product, the Aurora Driver, is a platform that brings together software, hardware, and data services, to autonomously operate passenger vehicles, light commercial vehicles, and heavy-duty trucks. The company has partnered with industries across the transportation ecosystem including Toyota, Volvo, PACCAR, Uber, Uber Freight, FedEx, and U.S. Xpress. The company tests its vehicles in the Bay Area, Pittsburgh, and Texas and has offices in those areas as well as in Bozeman, MT; Seattle, WA; Louisville, CO; and Detroit, MI.
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