FinecoBank SpA (MIL:FBK) 12-1 Month Momentum %

: -7.65% (As of Today)

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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-19), FinecoBank SpA's 12-1 Month Momentum % is -7.65%.

The industry rank for FinecoBank SpA's 12-1 Month Momentum % or its related term are showing as below:

MIL:FBK's 12-1 Month Momentum % is ranked worse than
76.8% of 1552 companies
in the Banks industry
Industry Median: 7.965 vs MIL:FBK: -7.65

Competitive Comparison

For the Banks - Regional subindustry, FinecoBank SpA'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.

FinecoBank SpA 12-1 Month Momentum % Distribution

For the Banks industry and Financial Services sector, FinecoBank SpA's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where FinecoBank SpA's 12-1 Month Momentum % falls into.

FinecoBank SpA (MIL:FBK) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-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.

FinecoBank SpA (MIL:FBK) 12-1 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 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.

FinecoBank SpA 12-1 Month Momentum % Related Terms

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FinecoBank SpA (MIL:FBK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FinecoBank SpA (MIL:FBK) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

FCBBF:USA FBKm:UK 0QVF:UK ZS3:Germany FBK:Austria

Address

Piazza Durante, 11, Milan, ITA, 20131

Website

https://www.finecobank.com

FinecoBank SpA is a FinTech bank in Europe. It offers a business model which combines platforms with a large network of financial advisors. It offers a single account with banking, trading and investment services, on transactional and advisory platforms developed with proprietary technologies. Fineco is a leading bank in brokerage in Europe, and an important player in private banking in Italy, offering advanced and tailor-made advisory services.