12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-02), Society Pass's 12-1 Month Momentum % is -84.01%.
The industry rank for Society Pass's 12-1 Month Momentum % or its related term are showing as below:
SOPA's 12-1 Month Momentum % is ranked worse than 97.21% of 2722
companies
in the Software industry
Industry Median: -4.09
vs SOPA: -84.01
Competitive Comparison of Society Pass's 12-1 Month Momentum %
For the Software - Application subindustry, Society Pass'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.
Society Pass's 12-1 Month Momentum % Distribution in the Software Industry
For the Software industry and Technology sector, Society Pass's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Society Pass's 12-1 Month Momentum % falls into.
Society Pass (NAS:SOPA) 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.
Society Pass (NAS:SOPA) 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.
Society Pass 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Society Pass's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Society Pass Inc is building an ecosystem of platforms and technology-enabled companies that synergistically work together in transforming how consumers and merchants interact with one another in Southeast Asia and South Asia. Through the acquisition of companies and partnerships with visionary entrepreneurs, the company meets the growing demand for better services in sectors such as lifestyle, beauty, travel, and food and beverage. The company currently operates in six reportable operating segments: Online Grocery and Food and Groceries Deliveries, Digital marketing, Online ticketing and reservation, Telecommunications Reseller, e-Commerce, and Merchant Point of Sale (merchant POS). The company generates the majority of its revenue from the Digital marketing segment.
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