What is Adaptive Biotechnologies 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 (2024-12-13), Adaptive Biotechnologies's 12-1 Month Momentum % is 35.39%.
The industry rank for Adaptive Biotechnologies's 12-1 Month Momentum % or its related term are showing as below:
ADPT's 12-1 Month Momentum % is ranked better than 77.16% of 1445
companies
in the Biotechnology industry
Industry Median: -13.2
vs ADPT: 35.39
Competitive Comparison of Adaptive Biotechnologies's 12-1 Month Momentum %
For the Biotechnology subindustry, Adaptive Biotechnologies'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.
Adaptive Biotechnologies's 12-1 Month Momentum % Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Adaptive Biotechnologies's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Adaptive Biotechnologies'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.
Adaptive Biotechnologies 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Adaptive Biotechnologies's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Adaptive Biotechnologies Corp is a company advancing the field of immune-driven medicine by harnessing the inherent biology of the adaptive immune system to transform the diagnosis and treatment of disease. Its clinical diagnostic product, clonoSEQ, is test authorized by the FDA for the detection and monitoring of minimal residual disease (MRD) in patients with multiple myeloma (MM), B cell acute lymphoblastic leukemia (ALL) and chronic lymphocytic leukemia (CLL) and is also available as a CLIA-validated laboratory developed test (LDT) for patients with other lymphoid cancers, including diffuse large B-cell lymphoma (DLBCL).
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