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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-07-31), International Business Machines's 12-1 Month Momentum % is 6.05%.
International Business Machines (CHIX:IBMd) 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.
International Business Machines 12-1 Month Momentum % Related Terms
CHIX:IBMD vs ACN, FISV, CTSH: 12-1 Month Momentum % Comparison
For the Information Technology Services subindustry, International Business Machines'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.
International Business Machines 12-1 Month Momentum % vs Software Industry
For the Software industry and Technology sector, International Business Machines's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where International Business Machines's 12-1 Month Momentum % falls into.
International Business Machines (CHIX:IBMd) 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.
International Business Machines (CHIX:IBMD) has a 12-1 Month Momentum % of 6.05% as of Jul. 31, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on International Business Machines and its competitors. According to the industry distribution chart, International Business Machines ranks #636 out of 2768 companies in the Software industry, placing it in the top 23%.
Is International Business Machines' 12-1 Month Momentum % too high?
International Business Machines' current 12-1 Month Momentum % is 6.05%. Based on the distribution chart, International Business Machines ranks #636 out of 2768 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, International Business Machines has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does International Business Machines' 12-1 Month Momentum % compare to ACN and FISV?
According to the Software industry distribution chart, International Business Machines ranks #636 out of 2768 companies for 12-1 Month Momentum %. This places International Business Machines in the top 23% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for a Software company?
A good 12-1 Month Momentum % depends on the Software industry context. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on International Business Machines and its competitors. International Business Machines's current 12-1 Month Momentum % is 6.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Business Machines stock overvalued right now?
Based on GuruFocus' analysis, International Business Machines (CHIX:IBMD) is currently considered Fairly Valued. The stock's GF Value™ is €207.53, compared to a current price of €190.42 — trading 8.2% below its estimated fair value. The current 12-1 Month Momentum % is 6.05%. International Business Machines' overall GF Score™ is 76/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For International Business Machines (CHIX:IBMD), the current 12-1 Month Momentum % is 6.05% as of Jul. 31, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is International Business Machines (CHIX:IBMD) Overvalued in 2026?
Based on GuruFocus' analysis, International Business Machines stock appears to be undervalued.
The current stock price of €190.42 is trading 8.2% below its estimated GF Value™ of €207.53.
GuruFocus considers International Business Machines to be Fairly Valued.
Key valuation signals for CHIX:IBMD:
12-1 Month Momentum %: 6.05%
GF Value™: €207.53 vs. price of €190.42 (8.2% below fair value)
No single metric tells the full story. See the CHIX:IBMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Incorporated in 1911, International Business Machines, or IBM, is one of the oldest technology companies in the world. It provides software, IT consulting services, and hardware to help business customers modernize their technology workflows. IBM operates in 175 countries and employs approximately 300,000 people. The company has a robust roster of business partners to service its clients, which includes 95% of all Fortune 500 companies. IBM's products, including Red Hat, watsonx, and mainframes, handle some of the world's most important data workloads in areas like finance and retail.
76GF Score
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12-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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