GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » IP Group PLC (LSE:IPO) » Definitions » 12-1 Month Momentum %

IP Group (LSE:IPO) 12-1 Month Momentum % : -14.68% (As of May. 05, 2024)


View and export this data going back to 2003. Start your Free Trial

What is IP Group 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 (2024-05-05), IP Group's 12-1 Month Momentum % is -14.68%.

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

LSE:IPO's 12-1 Month Momentum % is ranked worse than
78.24% of 1742 companies
in the Asset Management industry
Industry Median: 1.6 vs LSE:IPO: -14.68

Competitive Comparison of IP Group's 12-1 Month Momentum %

For the Asset Management subindustry, IP Group'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.

IP Group's 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, IP Group's 12-1 Month Momentum % distribution charts can be found below:

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


IP Group  (LSE:IPO) 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.

IP Group  (LSE:IPO) 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.

IP Group 12-1 Month Momentum % Related Terms

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

IP Group (LSE:IPO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » IP Group PLC (LSE:IPO) » Definitions » 12-1 Month Momentum %
Comparable Companies
LSE:FSFL LSE:FSG LSE:NAS LSE:FEML LSE:PCFT LSE:CORD LSE:CHRY LSE:POLR LSE:EWI LSE:THRG BLK BX KKR OSTO:INVE A APO TSX:BN BK AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
IPZYF:USA IPOl:UK IOOA:Germany
Address
3 Pancras Square, 2nd Floor, Kings Cross, London, GBR, N1C 4AG
Website
https://www.ipgroupplc.com
IP Group PLC helps develop intellectual property-based companies through partnership with research universities. The group provides its portfolio companies with financial capital from outside sources or from its own resources. IP Group also provides companies with guidance and mentorship. Partner universities are concentrated in the U.K., with others in the U.S. and Australasia. The group operates in two segments: university partnership business (majority of revenue) and venture capital fund management. Portfolio companies provide services in healthcare, clean energy, and technology.