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Magor (TSXV:MCC.H) 12-1 Month Momentum % : N/A% (As of May. 19, 2024)


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What is Magor 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 (2024-05-19), Magor's 12-1 Month Momentum % is N/A%.

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

TSXV:MCC.H's 12-1 Month Momentum % is not ranked *
in the Software industry.
Industry Median: -6.58
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of Magor's 12-1 Month Momentum %

For the Software - Application subindustry, Magor'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.


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

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

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



Magor  (TSXV:MCC.H) 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.


Magor  (TSXV:MCC.H) 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.


Magor 12-1 Month Momentum % Related Terms

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Magor (TSXV:MCC.H) Business Description

Traded in Other Exchanges
N/A
Address
350 Terry Fox Drive, Suite 100, Ottawa, ON, CAN, K2K 2W5
Magor Corp is engaged in design, development, and marketing of a visual collaboration software platform that integrates personal computer collaboration, high definition video and wideband audio for the enterprise market. The company provide service as Aerus, is an evolution of its platform to the cloud in delivering video interactions to the enterprise as a service with the capabilities needed to fulfill the promise of new modes for productivity. The Aerus service delivery platform and Aerus technology bring together the benefits of distributed networking and cloud computing to deliver services for high-quality video interactions that support any workflow. The company derives most of its revenue from the sale of hardware and equipment.

Magor (TSXV:MCC.H) Headlines

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