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Inqo Investments (AQSE:INQO) 12-1 Month Momentum % : N/A% (As of Sep. 24, 2024)


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What is Inqo Investments 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 (2024-09-24), Inqo Investments's 12-1 Month Momentum % is N/A%.

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

AQSE:INQO's 12-1 Month Momentum % is not ranked *
in the Asset Management industry.
Industry Median: 7.76
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of Inqo Investments's 12-1 Month Momentum %

For the Asset Management subindustry, Inqo Investments'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.


Inqo Investments's 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Inqo Investments's 12-1 Month Momentum % distribution charts can be found below:

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



Inqo Investments  (AQSE:INQO) 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.


Inqo Investments  (AQSE:INQO) 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.


Inqo Investments 12-1 Month Momentum % Related Terms

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Inqo Investments Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
28 Draper Square, Draper Street, Claremont, Cape Town, ZAF, 7708
Inqo Investments Ltd is a social venture investment company. It invests in businesses to create jobs, provide services and products for the poor as well as tackle environmental issues. It invests in small- mid-size enterprises.

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