DIDIY (DiDi Global) 12-1 Month Momentum % : 30.98% (As of Dec. 12, 2024)

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What is DiDi Global 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 (2024-12-12), DiDi Global's 12-1 Month Momentum % is 30.98%.

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

DIDIY's 12-1 Month Momentum % is ranked better than
74.87% of 2738 companies
in the Software industry
Industry Median: -0.23 vs DIDIY: 30.98

Competitive Comparison of DiDi Global's 12-1 Month Momentum %

For the Software - Application subindustry, DiDi Global'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.

DiDi Global's 12-1 Month Momentum % Distribution in the Software Industry

For the Software industry and Technology sector, DiDi Global's 12-1 Month Momentum % distribution charts can be found below:

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

DiDi Global (OTCPK:DIDIY) 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.

DiDi Global (OTCPK:DIDIY) 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.

DiDi Global 12-1 Month Momentum % Related Terms

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DiDi Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DiDi Global Inc (OTCPK:DIDIY) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

92S:Germany

Address

North Ring Road, Tangjialing, Building 1, Yard 6, Haidian District, Beijing, CHN

Website

https://www.didiglobal.com

DiDi Global Inc is a mobility technology platform that provides a range of mobility services as well as other services. It is building four key components of its platform that work together to improve the consumer experience: shared mobility; energy and vehicle services; electric mobility; and autonomous driving. It is a go-to brand in China for shared mobility, providing consumers with a range of safe, affordable, and convenient mobility services, including ride-hailing, taxi-hailing, chauffeur, hitch, and other forms of shared mobility. The company operates in three segments: China Mobility, which mainly includes ride-hailing services to riders, and also acts as an agent by connecting end-users to service providers who provide taxi hailing; International; and Other Initiatives.