12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-24), Teladoc Health's 12-1 Month Momentum % is -46.02%.
The industry rank for Teladoc Health's 12-1 Month Momentum % or its related term are showing as below:
TDOC's 12-1 Month Momentum % is ranked worse than 82.3% of 644
companies
in the Healthcare Providers & Services industry
Industry Median: -11.49
vs TDOC: -46.02
Competitive Comparison
For the Health Information Services subindustry, Teladoc Health'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.
Teladoc Health 12-1 Month Momentum % Distribution
For the Healthcare Providers & Services industry and Healthcare sector, Teladoc Health's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Teladoc Health's 12-1 Month Momentum % falls into.
Teladoc Health (NYSE:TDOC) 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.
Teladoc Health (NYSE:TDOC) 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.
Teladoc Health 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Teladoc Health's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Teladoc Health (Teladoc Health) Business Description
Teladoc Health is a virtual health provider with a telehealth platform delivering 24-hour, on-demand healthcare via mobile devices, the internet, video, and phone. It also offers remote patient monitoring programs for chronic care management. Its platform connects members with a network of physicians and behavioral health professionals. Most of the company's revenue is generated from access fees on a subscription basis (per member, per month). The balance comes from visit fees and equipment rental and sales to hospital systems. Since inception, Teladoc has primarily partnered with employers, health plans, and health systems to offer network access to their members; it has also started to market directly to consumers while expanding its service portfolio.
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