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Naeem Holding (CAI:NAHO) 12-1 Month Momentum % : 17.04% (As of Dec. 16, 2024)


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What is Naeem Holding 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 (2024-12-16), Naeem Holding's 12-1 Month Momentum % is 17.04%.

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

CAI:NAHO's 12-1 Month Momentum % is ranked worse than
51.49% of 806 companies
in the Capital Markets industry
Industry Median: 17.71 vs CAI:NAHO: 17.04

Competitive Comparison of Naeem Holding's 12-1 Month Momentum %

For the Capital Markets subindustry, Naeem Holding'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.


Naeem Holding's 12-1 Month Momentum % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Naeem Holding's 12-1 Month Momentum % distribution charts can be found below:

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



Naeem Holding  (CAI:NAHO) 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.


Naeem Holding  (CAI:NAHO) 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.


Naeem Holding 12-1 Month Momentum % Related Terms

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Naeem Holding Business Description

Traded in Other Exchanges
N/A
Address
Km 28 Cairo Alexandria Road, Building B16, Phase 1, P.O. Box 61, Smart Village, 6th of October City, Giza, EGY, 12577
Naeem Holding is Egypt based company that operates in the financial industry. The services provided by the company are investment banking services, security brokerage, asset management, and securities research. Its business lines are Securities Brokerage, Asset Management, Investment Banking, Gold Trading, and Research.

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