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Mobile Lads (Mobile Lads) 6-1 Month Momentum % : 43.75% (As of May. 27, 2024)


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What is Mobile Lads 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-27), Mobile Lads's 6-1 Month Momentum % is 43.75%.

The industry rank for Mobile Lads's 6-1 Month Momentum % or its related term are showing as below:

MOBO's 6-1 Month Momentum % is not ranked
in the Hardware industry.
Industry Median: -3.285 vs MOBO: 43.75

Competitive Comparison of Mobile Lads's 6-1 Month Momentum %

For the Consumer Electronics subindustry, Mobile Lads's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.

Mobile Lads's 6-1 Month Momentum % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mobile Lads's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Mobile Lads's 6-1 Month Momentum % falls into.


Mobile Lads  (OTCPK:MOBO) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-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.

Mobile Lads  (OTCPK:MOBO) 6-1 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 6-1 Month Momentum % measures the total return to a stock over the past six 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.

Mobile Lads 6-1 Month Momentum % Related Terms

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Mobile Lads (Mobile Lads) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobile Lads Corp (OTCPK:MOBO) » Definitions » 6-1 Month Momentum %
Comparable Companies
WAR:MMS ASX:XTD TSXV:MBO XCNQ:ADX ASX:PPL XSAT:MPLUS XPAR:ALACT WAR:SAR NSE:TOUCHWOOD IST:SAYAS FRA:DCIK WAR:BIT XPAR:ALTBG DLOC TSXV:BTV KNIT HKSE:08091 SSE:2172 SSE:3977 TSXV:ITM.H
Traded in Other Exchanges
N/A
Address
2616 Willow Wren Drive, North Las Vegas, NV, USA, 89084
Website
http://www.mobilelads.com
Mobile Lads Corp provides consumers with a suite of products and services covering hardware and software solutions. Through its manufacturing and business partners, Mobile Lads is able to supply superior-quality smartphones and other mobile devices and services to businesses and their consumer base. Because of the relationships with its partners, the company creates residual income streams through the sale of benefits and services, including insurance and MasterCard issuance, and international money remittance.