GURUFOCUS.COM » STOCK LIST » Technology » Software » Gogolook Co Ltd (TPE:6902) » Definitions » 12-1 Month Momentum %

Gogolook Co (TPE:6902) 12-1 Month Momentum % : N/A% (As of Jun. 06, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Gogolook Co 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 (2024-06-06), Gogolook Co's 12-1 Month Momentum % is N/A%.

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

TPE:6902's 12-1 Month Momentum % is not ranked *
in the Software industry.
Industry Median: -7.38
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of Gogolook Co's 12-1 Month Momentum %

For the Software - Application subindustry, Gogolook Co'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.


Gogolook Co's 12-1 Month Momentum % Distribution in the Software Industry

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

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



Gogolook Co  (TPE:6902) 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.


Gogolook Co  (TPE:6902) 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.


Gogolook Co 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Gogolook Co's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Gogolook Co (TPE:6902) Business Description

Traded in Other Exchanges
N/A
Address
No. 102, Sec. 2, Roosevelt Road, 23rd Floor-1, Zhongzheng District, Taipei City, TWN, 100
Website
Gogolook Co Ltd engages in the development of data-driven technology and the expansion of AI applications. Its business solutions comprise Watchmen Reputation Protection Service, identity suite, and Caller Database Solutions. Its Anti-Fraud Service comprises Whoscall, Auntie Meiyu fact-checker, and Call Defender; Fintech services comprise AI technology for fraud prevention and alert aiming to improve the level of trust between users and banks, offering an accessible platform for financial products.

Gogolook Co (TPE:6902) Headlines

No Headlines