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Edenred SE (XPAR:EDEN) 12-1 Month Momentum %

: -13.90% (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 (2024-04-16), Edenred SE's 12-1 Month Momentum % is -13.90%.

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

XPAR:EDEN's 12-1 Month Momentum % is ranked worse than
71.17% of 555 companies
in the Credit Services industry
Industry Median: 9.67 vs XPAR:EDEN: -13.90
Competitive Comparison

For the Credit Services subindustry, Edenred SE'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.

Edenred SE 12-1 Month Momentum % Distribution

For the Credit Services industry and Financial Services sector, Edenred SE's 12-1 Month Momentum % distribution charts can be found below:

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


Edenred SE  (XPAR:EDEN) 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.

Edenred SE  (XPAR:EDEN) 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.

Edenred SE 12-1 Month Momentum % Related Terms

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Edenred SE (XPAR:EDEN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Edenred SE (XPAR:EDEN) » Definitions » 12-1 Month Momentum %
Comparable Companies
ODC NEU EMN CBT WTTR ECVT CMT WLK ASH SXT V MA AXP PYPL BOM:500034 COF TSE:8591 DFS NSE:CHOLAFIN SYF
Traded in Other Exchanges
EDNMY:USA EDNMF:USA EDENp:UK 0MUM:UK QSV:Germany
Address
14-16 Boulevard Garibaldi, Issy-les-Moulineaux, Paris, FRA, 92130
Website
https://www.edenred.com
Edenred is a France-listed prepaid corporate services provider operating in more than 40 countries. The company was listed in 2010 following a spinoff from hotel group Accor. Edenred's main business, Ticket Restaurant, offers prepaid meal vouchers that employers provide to their employees as an additional benefit. The company is also involved in other areas such as prepaid fuel cards and payment and expense-management systems.