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JPMorgan Emerging Markets Inv Trust (CHIX:JMGL) 12-1 Month Momentum % : 5.50% (As of Dec. 14, 2024)


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What is JPMorgan Emerging Markets Inv Trust 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 (2024-12-14), JPMorgan Emerging Markets Inv Trust's 12-1 Month Momentum % is 5.50%.

The industry rank for JPMorgan Emerging Markets Inv Trust's 12-1 Month Momentum % or its related term are showing as below:

CHIX:JMGl's 12-1 Month Momentum % is ranked worse than
56.62% of 1722 companies
in the Asset Management industry
Industry Median: 7.415 vs CHIX:JMGl: 5.50

Competitive Comparison of JPMorgan Emerging Markets Inv Trust's 12-1 Month Momentum %

For the Asset Management subindustry, JPMorgan Emerging Markets Inv Trust'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.


JPMorgan Emerging Markets Inv Trust's 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Emerging Markets Inv Trust's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where JPMorgan Emerging Markets Inv Trust's 12-1 Month Momentum % falls into.



JPMorgan Emerging Markets Inv Trust  (CHIX:JMGl) 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.


JPMorgan Emerging Markets Inv Trust  (CHIX:JMGl) 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.


JPMorgan Emerging Markets Inv Trust 12-1 Month Momentum % Related Terms

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JPMorgan Emerging Markets Inv Trust Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Emerging Markets Inv Trust PLC is an investment trust company. Its objective is to maximize total return from emerging markets around the world through a diversified portfolio of underlying investments. The company invests in quoted securities in emerging stock markets and may invest in unquoted securities. The Fund invests in various sectors such as Financials, Information Technology, Consumer Staples, Consumer Discretionary, Materials, Health Care, Telecommunication Services, and Utilities. Geographically, the trust business can be seen across the region of South Asia, East Asia, Europe, Middle East, Africa and Latin America.

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