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BrainChip Holdings (ASX:BRN) 12-1 Month Momentum % : 59.46% (As of Dec. 11, 2024)


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What is BrainChip 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 (2024-12-11), BrainChip Holdings's 12-1 Month Momentum % is 59.46%.

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

ASX:BRN's 12-1 Month Momentum % is ranked better than
87.19% of 968 companies
in the Semiconductors industry
Industry Median: -9.285 vs ASX:BRN: 59.46

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

For the Semiconductors subindustry, BrainChip 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.


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

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

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



BrainChip Holdings  (ASX:BRN) 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.


BrainChip Holdings  (ASX:BRN) 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.


BrainChip Holdings 12-1 Month Momentum % Related Terms

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BrainChip Holdings Business Description

Traded in Other Exchanges
Address
Level 12, 225 George Street, Sydney, NSW, AUS, 2000
BrainChip Holdings Ltd is engaged in neuromorphic computing. Neuromorphic computing is a branch of artificial intelligence (AI) that simulates the functionality of the human neuron. The company has developed a revolutionary spiking neural network (SNN) technology, a type of neuromorphic computing that learns autonomously, evolves, and associates information just like the human brain. It operates through one segment namely, the technological development of designs. The company's products include Akida IP, Meta TF, Akida1000, and others.