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Tan Delta Systems (LSE:TAND) 12-1 Month Momentum % : N/A% (As of May. 14, 2024)


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What is Tan Delta Systems 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 (2024-05-14), Tan Delta Systems's 12-1 Month Momentum % is N/A%.

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

LSE:TAND's 12-1 Month Momentum % is not ranked *
in the Oil & Gas industry.
Industry Median: 5.27
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of Tan Delta Systems's 12-1 Month Momentum %

For the Oil & Gas Equipment & Services subindustry, Tan Delta Systems'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.


Tan Delta Systems's 12-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tan Delta Systems's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Tan Delta Systems's 12-1 Month Momentum % falls into.



Tan Delta Systems  (LSE:TAND) 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.


Tan Delta Systems  (LSE:TAND) 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.


Tan Delta Systems 12-1 Month Momentum % Related Terms

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Tan Delta Systems (LSE:TAND) Business Description

Traded in Other Exchanges
N/A
Address
Church Lane, 1 Carrera Court, Dinnington, Sheffield, GBR, S25 2RG
Tan Delta Systems plc develops advanced real-time oil analysis and analytic technologies and products with unique capabilities that enable equipment operators to significantly reduce operating costs, improve efficiency and reduce carbon footprint. It develops all its core technologies and products in-house, with manufacturing undertaken by its carefully selected manufacturing partners with whom its dedicated production QA department works. The company operates on a global scale with customers ranging from the largest engine manufacturers to small single equipment operators, from North America and Australia to Chile, India, Russia and Finland. Its products include Sensors, Kits, Display solutions, Gateways & modems and Accessories & services.

Tan Delta Systems (LSE:TAND) Headlines

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