12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-27), Wejo Group's 12-1 Month Momentum % is -99.97%.
The industry rank for Wejo Group's 12-1 Month Momentum % or its related term are showing as below:
WEJOF's 12-1 Month Momentum % is not ranked
in the Software industry.
Industry Median: -3.34
vs WEJOF: -99.97
Competitive Comparison of Wejo Group's 12-1 Month Momentum %
For the Software - Infrastructure subindustry, Wejo Group'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.
Wejo Group's 12-1 Month Momentum % Distribution in the Software Industry
For the Software industry and Technology sector, Wejo Group's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Wejo Group's 12-1 Month Momentum % falls into.
Wejo Group (OTCPK:WEJOF) 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.
Wejo Group (OTCPK:WEJOF) 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.
Wejo Group 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Wejo Group's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Wejo Group Ltd provides software and technology solutions to various market verticals in combination with services that utilize ingested and standardized connected vehicle and other high volume, high value datasets through its proprietary cloud software and analytics platform, Wejo Neural Edge (which includes Wejo ADEPT platform). The Company's sector solutions, delivered at this time in North America and Europe, provide valuable insights to its customers in public and private organizations, including, but not limited to, OEMs, first-tier (Tier 1) automotive suppliers, fleet management companies (Fleets), departments of transportation, retailers, mapping companies, universities, insurance companies, advertising firms, construction firms and research departments.
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