Robi Axiata (DHA:ROBI) 12-1 Month Momentum % : -22.33% (As of Jun. 20, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Robi Axiata 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 (2024-06-20), Robi Axiata's 12-1 Month Momentum % is -22.33%.

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

DHA:ROBI's 12-1 Month Momentum % is ranked worse than
77.19% of 399 companies
in the Telecommunication Services industry
Industry Median: -2.38 vs DHA:ROBI: -22.33

Competitive Comparison of Robi Axiata's 12-1 Month Momentum %

For the Telecom Services subindustry, Robi Axiata'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.

Robi Axiata's 12-1 Month Momentum % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Robi Axiata's 12-1 Month Momentum % distribution charts can be found below:

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

Robi Axiata (DHA:ROBI) 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.

Robi Axiata (DHA:ROBI) 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.

Robi Axiata 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Robi Axiata's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

Robi Axiata (DHA:ROBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Robi Axiata Ltd (DHA:ROBI) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

53 Gulshan South Avenue,Gulshan-1, NAFI Tower, Ground floor, Robi Corporate Office, Dhaka, BGD, 1212

Website

https://www.robi.com.bd

Robi Axiata Ltd is a mobile network operator. The services provided by the company include Internet Packs, Bundle and Voice Packs, Recharge, Prepaid Connection and Post Paid Connection.

Robi Axiata (DHA:ROBI) Headlines

No Headlines