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nLight (nLight) 12-1 Month Momentum % : 48.23% (As of Apr. 30, 2024)


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What is nLight 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 (2024-04-30), nLight's 12-1 Month Momentum % is 48.23%.

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

LASR's 12-1 Month Momentum % is ranked better than
79.01% of 953 companies
in the Semiconductors industry
Industry Median: -1.73 vs LASR: 48.23

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

For the Semiconductors subindustry, nLight'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.


nLight's 12-1 Month Momentum % Distribution in the Semiconductors Industry

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

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



nLight  (NAS:LASR) 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.


nLight  (NAS:LASR) 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.


nLight 12-1 Month Momentum % Related Terms

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nLight (nLight) Business Description

Traded in Other Exchanges
N/A
Address
4637 NW 18th Avenue, Camas, WA, USA, 98607
nLight Inc is a United States-based company engaged in providing semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. It operates in two segments: Laser Products, which includes semiconductor lasers, fiber lasers, and directed energy products; and Advanced Development segment includes revenue earned from research and development contracts. The majority of its revenue is generated from the Laser segment. The company's geographical segments include North America, China, and the Rest of the world.
Executives
Joseph John Corso officer: Chief Financial Officer 4637 NW 18TH AVE, CAMAS WA 98607
James Nias officer: Chief Accounting Officer 4637 NW 18TH AVENUE, CAMAS WA 98607
Scott H Keeney director, officer: President and CEO 5408 NE 88TH STREET, BUILDING E, VANCOUVER WA 98665
Ran Bareket officer: CFO 1005 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Camille Nichols director 5408 NE 88TH STREET, BUILDING E, VANCOUVER WA 98665
Robert Martinsen officer: Chief Technical Officer 5408 NE 88TH STREET, BUILDING E, VANCOUVER WA 98665
Sixth Mdv Partners, L.l.c. 10 percent owner 777 MARINERS ISLAND BLVD., STE. 550, SAN MATEO CA 94404
David D. Osborne director 5408 NE 88TH STREET, BUILDING E, VANCOUVER WA 98665
Oak X Affiliates Fund Lp 10 percent owner 901 MAIN AVENUE, NORWALK CT 06851
Bandel L Carano director, 10 percent owner 525 UNIVERSITY AVENUE, SUITE 1300, PALO ALTO CA 94301
Douglas C Carlisle director, 10 percent owner 3000 SAND HILL RD, BLDG 4 STE 100, MENLO PARK CA 94025
Mv Management Ix Llc 10 percent owner 2884 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
William Gossman director 5408 NE 88TH STREET, BUILDING E, VANCOUVER WA 98665
Menlo Entrepreneurs Fund Ix A Lp 10 percent owner 2884 SAND HILL RD, SUITE 100, MENLO PARK CA 94025
Menlo Entrepreneurs Fund Ix Lp 10 percent owner 3000 SAND HILL ROAD, BUILDING 4, SUITE 100, MENLO PARK CA 94025

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