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Ubique Minerals (FRA:2UM) 12-1 Month Momentum % : -88.30% (As of Dec. 15, 2024)


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What is Ubique Minerals 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 (2024-12-15), Ubique Minerals's 12-1 Month Momentum % is -88.30%.

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

FRA:2UM's 12-1 Month Momentum % is ranked worse than
87.07% of 2545 companies
in the Metals & Mining industry
Industry Median: -14.71 vs FRA:2UM: -88.30

Competitive Comparison of Ubique Minerals's 12-1 Month Momentum %

For the Other Industrial Metals & Mining subindustry, Ubique Minerals'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.


Ubique Minerals's 12-1 Month Momentum % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ubique Minerals's 12-1 Month Momentum % distribution charts can be found below:

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



Ubique Minerals  (FRA:2UM) 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.


Ubique Minerals  (FRA:2UM) 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.


Ubique Minerals 12-1 Month Momentum % Related Terms

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Ubique Minerals Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7
Ubique Minerals Ltd is engaged in the acquisition and evaluation of mineral exploration assets and it is in the exploration stage. The company is focused on the exploration of Daniel's Harbour zinc property in Newfoundland and Labrador, Namibia, Africa.

Ubique Minerals Headlines

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