12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-29), HireRight Holdings's 12-1 Month Momentum % is 42.03%.
The industry rank for HireRight Holdings's 12-1 Month Momentum % or its related term are showing as below:
HRT's 12-1 Month Momentum % is ranked better than 82.31% of 1063
companies
in the Business Services industry
Industry Median: 2.23
vs HRT: 42.03
Competitive Comparison of HireRight Holdings's 12-1 Month Momentum %
For the Staffing & Employment Services subindustry, HireRight Holdings'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.
HireRight Holdings's 12-1 Month Momentum % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, HireRight Holdings's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where HireRight Holdings'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.
HireRight Holdings 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of HireRight Holdings's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
HireRight Holdings (HireRight Holdings) Business Description
HireRight Holdings Corp is a global provider of technology-driven workforce risk management and compliance solutions. It provides comprehensive background screening, verification, identification, monitoring, and drug and health screening services. It offers services via a unified global software and data platform that tightly integrates into its customers' human capital management (HCM) systems enabling effective and efficient workflows for workforce hiring, onboarding, and monitoring. The company's revenues is derived from contracts to provide services. Majority of the revenue is generated from United States.
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