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B Investments HoldingE (CAI:BINV) 12-1 Month Momentum % : -10.60% (As of May. 12, 2024)


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What is B Investments HoldingE 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-12), B Investments HoldingE's 12-1 Month Momentum % is -10.60%.

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

CAI:BINV's 12-1 Month Momentum % is ranked worse than
73.79% of 1732 companies
in the Asset Management industry
Industry Median: 1.335 vs CAI:BINV: -10.60

Competitive Comparison of B Investments HoldingE's 12-1 Month Momentum %

For the Asset Management subindustry, B Investments HoldingE'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.


B Investments HoldingE's 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, B Investments HoldingE's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where B Investments HoldingE's 12-1 Month Momentum % falls into.



B Investments HoldingE  (CAI:BINV) 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.


B Investments HoldingE  (CAI:BINV) 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.


B Investments HoldingE 12-1 Month Momentum % Related Terms

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B Investments HoldingE (CAI:BINV) Business Description

Traded in Other Exchanges
N/A
Address
2005A Corniche El Nil, Nile City Towers, South Tower, 7th Floor, Cairo, EGY, 11221
B Investments Holding SAE is an Egypt-based private equity firm and growth capital investor. The company has its investments in real estate development, downstream oil and gas, IT system integration, non-banking financial services, renewable energy, manufacturing and food & beverage sectors.

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