What is Strata Skin Sciences 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 (2024-05-03), Strata Skin Sciences's 12-1 Month Momentum % is -56.11%.
The industry rank for Strata Skin Sciences's 12-1 Month Momentum % or its related term are showing as below:
SSKN's 12-1 Month Momentum % is ranked worse than 84.82% of 850
companies
in the Medical Devices & Instruments industry
Industry Median: -18.495
vs SSKN: -56.11
Competitive Comparison of Strata Skin Sciences's 12-1 Month Momentum %
For the Medical Devices subindustry, Strata Skin Sciences'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.
Strata Skin Sciences's 12-1 Month Momentum % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Strata Skin Sciences's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Strata Skin Sciences's 12-1 Month Momentum % falls into.
* 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.
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.
Strata Skin Sciences 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Strata Skin Sciences's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Strata Skin Sciences (Strata Skin Sciences) Business Description
Strata Skin Sciences Inc is a medical technology company engaged in developing and commercializing products for the treatment of dermatological disorders. Its primary products include the XTRAC excimer laser and VTRAC lamp systems utilized in the treatment of psoriasis, vitiligo and various other skin conditions. Its operating segment includes Dermatology Recurring Procedures which is the key revenue driver and Dermatology Procedures Equipment. The Dermatology Recurring Procedures segment derives its revenues from the usage of its equipment by dermatologists to perform XTRAC procedures. Its Dermatology Procedures Equipment segment generates revenues from the sale of equipment, such as lasers and lamp products. Geographically, it derives a majority of revenue from the United states.
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