12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-28), StoneX Group's 12-1 Month Momentum % is 4.70%.
The industry rank for StoneX Group's 12-1 Month Momentum % or its related term are showing as below:
SNEX's 12-1 Month Momentum % is ranked worse than 59.16% of 808
companies
in the Capital Markets industry
Industry Median: 15.575
vs SNEX: 4.70
Competitive Comparison of StoneX Group's 12-1 Month Momentum %
For the Capital Markets subindustry, StoneX Group'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.
StoneX Group's 12-1 Month Momentum % Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, StoneX Group's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where StoneX Group's 12-1 Month Momentum % falls into.
StoneX Group (NAS:SNEX) 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.
StoneX Group (NAS:SNEX) 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.
StoneX Group 12-1 Month Momentum % Related Terms
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StoneX Group Inc is a Global brokerage and financial services firm. Its service offerings are execution, OTC / Market-Making, advisory services, Global payment solutions, market intelligence, Physical Trading and clearing services. The firm operates in four segments: commercial, Institutional, Retail, and Global Payments. Its customers include governmental and nongovernmental organizations, and commercial banks, brokers, institutional investors, and investment banks. The company operates in United States, South America, Europe, Middle East and Asia and other countries, out of which majority revenue is generates from Middle East and Asia Region.
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