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), Financial Gravity's 12-1 Month Momentum % is 21.43%.
The industry rank for Financial Gravity's 12-1 Month Momentum % or its related term are showing as below:
FGCO's 12-1 Month Momentum % is ranked better than 81.01% of 595
companies
in the Diversified Financial Services industry
Industry Median: 4.66
vs FGCO: 21.43
Competitive Comparison of Financial Gravity's 12-1 Month Momentum %
For the Financial Conglomerates subindustry, Financial Gravity'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.
Financial Gravity's 12-1 Month Momentum % Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Financial Gravity's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Financial Gravity'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.
Financial Gravity 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Financial Gravity's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Financial Gravity (Financial Gravity) Business Description
Financial Gravity Companies Inc through its subsidiaries helps investment advisors and tax professionals expand their businesses by adding additional services, including their own multi-family office. Financial services professionals are able to leverage Financial Gravity systems, technology, proprietary resources, and deep domain expertise to provide a comprehensive financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. The company's operating segments include FGCO; Forta; FGAM; FGFOS; FGIS; FGEM; and TMN.
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