12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-27), Aspen Technology's 12-1 Month Momentum % is -12.92%.
The industry rank for Aspen Technology's 12-1 Month Momentum % or its related term are showing as below:
AZPN's 12-1 Month Momentum % is ranked worse than 60.28% of 2724
companies
in the Software industry
Industry Median: -3.34
vs AZPN: -12.92
Competitive Comparison of Aspen Technology's 12-1 Month Momentum %
For the Software - Application subindustry, Aspen Technology'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.
Aspen Technology's 12-1 Month Momentum % Distribution in the Software Industry
For the Software industry and Technology sector, Aspen Technology's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Aspen Technology'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.
Aspen Technology 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Aspen Technology's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Aspen Technology (Aspen Technology) Business Description
Aspen Technology is a global leader in asset optimization software, enabling customers within capital-intensive industries to design, operate and maintain their functions to meet their profitability, safety, and sustainability goals. The heritage business of AspenTech was founded in 1981 and provides software solutions purposed to optimize engineering, manufacturing, and supply chain and asset management functions. In 2021, Emerson Electric traded over $6 billion in cash and its Open Systems International (digital grid management) and subsurface science and engineering businesses for 55% of AspenTech's shares. The new AspenTech is the combination of heritage Aspen, OSI, and SSE and serves more than 3,000 customers across 40 countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AZPN has been successfully added to your