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Franklin Wireless (Franklin Wireless) 12-1 Month Momentum % : -25.06% (As of Apr. 30, 2024)


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What is Franklin Wireless 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 (2024-04-30), Franklin Wireless's 12-1 Month Momentum % is -25.06%.

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

FKWL's 12-1 Month Momentum % is ranked worse than
77.94% of 2430 companies
in the Hardware industry
Industry Median: -1.36 vs FKWL: -25.06

Competitive Comparison of Franklin Wireless's 12-1 Month Momentum %

For the Communication Equipment subindustry, Franklin Wireless'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.


Franklin Wireless's 12-1 Month Momentum % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Franklin Wireless's 12-1 Month Momentum % distribution charts can be found below:

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



Franklin Wireless  (NAS:FKWL) 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.


Franklin Wireless  (NAS:FKWL) 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.


Franklin Wireless 12-1 Month Momentum % Related Terms

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Franklin Wireless (Franklin Wireless) Business Description

Traded in Other Exchanges
N/A
Address
9707 Waples Street, Suite 150, San Diego, CA, USA, 92121
Franklin Wireless Corp is a provider of wireless solutions, including mobile hotspots, routers, and modems, as well as hardware and software products that support machine-to-machine (M2M) applications and the Internet of Things (IoT). Its M2M and IoT solutions include embedded modules, modems, and gateways built to deliver reliable always-on connectivity supporting a spectrum of applications. These products are designed to solve wireless connectivity challenges in a range of vertical markets, including video surveillance, digital signage, home security, oil and gas exploration, kiosks, fleet management, smart grid, vehicle diagnostics, and telematics.
Executives
Kristina S Kim director 7612 SEATTLE DRIVE, LA MESA CA 91941
Joon Won Jyoung director C/O FRANKLIN WIRELESS CORP., 6205 LUSK BLVD., SAN DIEGO CA 92121
Oc Kim director, 10 percent owner, officer: Chief Executive Officer 5440 MOREHOUSE DR., SUITE 1000, SAN DIEGO CA 92121
Yun J Lee officer: Senior Vice President 5440 MOREHOUSE DR., SUITE 1000, SAN DIEGO CA 92121
Heidy Kingwan Chow director 92 KESTREL, IRVINE CA 92618
Johnathan Wonjong Chee director 8951 N. MILWAUKEE AVE #202, NILES IL 60714
Richard T Walker officer: Chief Financial Officer 6205 LUSK BLVD, SAN DIEGO CA 92121
David S Oros other: No longer member of group 9777 PYRAMID COURT, SUITE 100, ENGLEWOOD CO 80112
Karen Singer other: member of 13(d) group 10%owner 212 VACCARO DRIVE, CRESSKILL NJ 07626
Miller Lloyd I Iii other: Member of 13(d) group 10%owner
Steven Sherman other: Member of 13(d) group 10%owner
Benjamin J Chung director 2218 AVONDALE DRIVE, FULLERTON CA 92833
Gary Wendel Nelson director 5440 MOREHOUSE DR., SUITE 1000, SAN DIEGO CA 92121
Jae Man Lee director, 10 percent owner 9823 PACIFIC HEIGHTS BLVD #J, SAN DIEGO CA 92121
David (kwangho) Kim director C/O WESTECH KOREA, INC., 548-9 GA JWA 3-DONG, SEO-GU, INCEHON M4 00000

Franklin Wireless (Franklin Wireless) Headlines

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