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Verve Group SE (STU:M8G) 12-1 Month Momentum % : 344.99% (As of Oct. 31, 2024)


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What is Verve Group SE 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 (2024-10-31), Verve Group SE's 12-1 Month Momentum % is 344.99%.

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

STU:M8G's 12-1 Month Momentum % is ranked better than
98.94% of 2748 companies
in the Software industry
Industry Median: 2.67 vs STU:M8G: 344.99

Competitive Comparison of Verve Group SE's 12-1 Month Momentum %

For the Software - Application subindustry, Verve Group 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.


Verve Group SE's 12-1 Month Momentum % Distribution in the Software Industry

For the Software industry and Technology sector, Verve Group SE's 12-1 Month Momentum % distribution charts can be found below:

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



Verve Group SE  (STU:M8G) 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.


Verve Group SE  (STU:M8G) 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.


Verve Group SE 12-1 Month Momentum % Related Terms

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Verve Group SE Business Description

Traded in Other Exchanges
Address
Stureplan 6, Stockholm, SWE, 114 35
Verve Group SE operates a fast-growing ad-software platform that matches global advertiser demand with publisher ad-supply while improving results through first party data from own games. Verve's main operational presence is in North America and Europe. Through investments in organic growth and innovation, as well as targeted M&A, Verve has built a one-stop shop for programmatic advertising, enabling companies to buy and sell ad space across all digital devices (mobile apps, web, connected TV and digital out of home), with the mission to make advertising better.

Verve Group SE Headlines

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