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Globalink Investment (Globalink Investment) 12-1 Month Momentum % : 5.06% (As of May. 11, 2024)


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What is Globalink Investment 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 (2024-05-11), Globalink Investment's 12-1 Month Momentum % is 5.06%.

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

GLLI's 12-1 Month Momentum % is ranked better than
51.64% of 581 companies
in the Diversified Financial Services industry
Industry Median: 4.94 vs GLLI: 5.06

Competitive Comparison of Globalink Investment's 12-1 Month Momentum %

For the Shell Companies subindustry, Globalink Investment'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.


Globalink Investment's 12-1 Month Momentum % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Globalink Investment's 12-1 Month Momentum % distribution charts can be found below:

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



Globalink Investment  (NAS:GLLI) 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.


Globalink Investment  (NAS:GLLI) 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.


Globalink Investment 12-1 Month Momentum % Related Terms

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Globalink Investment (Globalink Investment) Business Description

Traded in Other Exchanges
N/A
Address
1180 Avenue of the Americas, 8th Floor, New York, NY, USA, 10036
Website
Globalink Investment Inc is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Zeng Yenn Chin director, officer: Chief Financial Officer 1180 AVENUE OF AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Hong Shien Beh director 1180 AVENUE OF THE AMERICAS,, 8 FLOOR, NEW YORK NY 10036
Kian Huat Lai director 1180 AVENUE OF THE AMERICAS,, 8 FLOOR, NEW YORK NY 10036
Hui Liang Wong director 1180 AVENUE OF THE AMERICAS,, 8 FLOOR,, NEW YORK NY 10036
Say Leong Lim director, officer: Director and CEO 1180 AVENUE OF THE AMERICAS,, 8 FLOOR, NEW YORK NY 10036
Ming Hang Chong director, officer: Director and CFO 27-2A, THE TAMARIND, JALAN SERI TANJUNG, PINANG 1, TANJUNG TOKONG, PENANG N8 10470

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