12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-01), Cambium Networks's 12-1 Month Momentum % is -71.53%.
The industry rank for Cambium Networks's 12-1 Month Momentum % or its related term are showing as below:
CMBM's 12-1 Month Momentum % is ranked worse than 97.94% of 2429
companies
in the Hardware industry
Industry Median: -1.54
vs CMBM: -71.53
Competitive Comparison of Cambium Networks's 12-1 Month Momentum %
For the Communication Equipment subindustry, Cambium Networks'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.
Cambium Networks's 12-1 Month Momentum % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Cambium Networks's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Cambium Networks'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.
Cambium Networks 12-1 Month Momentum % Related Terms
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Cambium Networks (Cambium Networks) Business Description
Cambium Networks Corp provides wireless broadband networking infrastructure solutions for network operators, including medium-sized wireless Internet service providers, enterprises, and government agencies. The company's scalable, reliable and high-performance solutions create a purpose-built wireless fabric which connects people, places and things across distances ranging from two meters to more than 100 kilometers, indoors and outdoors, using licensed and unlicensed spectrum, at attractive economics. Headquartered outside Chicago and with R&D centers in the U.S., U.K. and India, the company sells through a range of distributors overseas.
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