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Pushpay Holdings (NZSE:PPH) 12-1 Month Momentum % : 16.67% (As of Apr. 29, 2024)


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What is Pushpay Holdings 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 (2024-04-29), Pushpay Holdings's 12-1 Month Momentum % is 16.67%.

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

NZSE:PPH's 12-1 Month Momentum % is not ranked
in the Software industry.
Industry Median: -3.28 vs NZSE:PPH: 16.67

Competitive Comparison of Pushpay Holdings's 12-1 Month Momentum %

For the Software - Infrastructure subindustry, Pushpay Holdings'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.


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

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

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



Pushpay Holdings  (NZSE:PPH) 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.


Pushpay Holdings  (NZSE:PPH) 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.


Pushpay Holdings 12-1 Month Momentum % Related Terms

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Pushpay Holdings (NZSE:PPH) Business Description

Traded in Other Exchanges
N/A
Address
167 Victoria Street West, Level 6, Building D, Auckland, NTL, NZL, 1010
Pushpay primarily sells donor and church management systems to the global faith sector. Revenue is mainly derived from: (1) subscription fees based on a church's size and number of services provided to the church, and (2) processing fees for donations processed through its giving platform. Operations are mainly in the U.S., and its core customers are large evangelical and nondenominational churches with weekly attendances ranging from 1,100 to 50,000. Pushpay also sells to medium and small churches. The firm's solutions encompass, but are not limited to, virtual giving, record keeping, event registration, member engagement, video broadcasting, and data analytics. It also services nonprofit organisation and education providers, though these are currently immaterial to earnings.

Pushpay Holdings (NZSE:PPH) Headlines