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Reservoir Media (FRA:0RL0) 12-1 Month Momentum % : 50.93% (As of Dec. 11, 2024)


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What is Reservoir Media 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 (2024-12-11), Reservoir Media's 12-1 Month Momentum % is 50.93%.

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

FRA:0RL0's 12-1 Month Momentum % is ranked better than
88.17% of 1040 companies
in the Media - Diversified industry
Industry Median: -6.735 vs FRA:0RL0: 50.93

Competitive Comparison of Reservoir Media's 12-1 Month Momentum %

For the Entertainment subindustry, Reservoir Media'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.


Reservoir Media's 12-1 Month Momentum % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Reservoir Media's 12-1 Month Momentum % distribution charts can be found below:

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



Reservoir Media  (FRA:0RL0) 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.


Reservoir Media  (FRA:0RL0) 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.


Reservoir Media 12-1 Month Momentum % Related Terms

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Reservoir Media Business Description

Traded in Other Exchanges
Address
200 Varick Street, Suite 801A, New York, NY, USA, 10014
Reservoir Media Inc is an independent music company. The company's segment includes Music Publishing; Recorded Music and others. It generates the maximum of its revenue from the Music Publishing segment.

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