12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-29), Digital Ally's 12-1 Month Momentum % is -16.43%.
The industry rank for Digital Ally's 12-1 Month Momentum % or its related term are showing as below:
DGLY's 12-1 Month Momentum % is ranked better than 54.27% of 586
companies
in the Interactive Media industry
Industry Median: -20.66
vs DGLY: -16.43
Competitive Comparison of Digital Ally's 12-1 Month Momentum %
For the Internet Content & Information subindustry, Digital Ally'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.
Digital Ally's 12-1 Month Momentum % Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Digital Ally's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Digital Ally's 12-1 Month Momentum % falls into.
Digital Ally (NAS:DGLY) 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.
Digital Ally (NAS:DGLY) 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.
Digital Ally 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Digital Ally's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Digital Ally Inc produces digital video imaging and storage products for use in law enforcement, security, and commercial applications. Its products are an in-car digital video/audio recorder contained in a rear-view mirror for use in law enforcement and commercial fleets. It can integrate electronic, radio, computer and multi-media technologies to create solutions to address needs in a variety of other industries and markets, including mass transit, school bus, taxicab and military. The company sells its products to law enforcement agencies and other security organizations and consumer and commercial fleet operators through direct sales domestically and third-party distributors internationally. It has three segments: Video Solutions Segment, Revenue Cycle Management and Ticketing Segment.
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