GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Verizon Communications Inc (MIL:1VZ) » Definitions » 12-1 Month Momentum %

Verizon Communications (MIL:1VZ) 12-1 Month Momentum % : 5.85% (As of Dec. 12, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Verizon Communications 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), Verizon Communications's 12-1 Month Momentum % is 5.85%.

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

MIL:1VZ's 12-1 Month Momentum % is ranked better than
58.31% of 391 companies
in the Telecommunication Services industry
Industry Median: 1.49 vs MIL:1VZ: 5.85

Competitive Comparison of Verizon Communications's 12-1 Month Momentum %

For the Telecom Services subindustry, Verizon Communications'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.


Verizon Communications's 12-1 Month Momentum % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Verizon Communications's 12-1 Month Momentum % distribution charts can be found below:

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



Verizon Communications  (MIL:1VZ) 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.


Verizon Communications  (MIL:1VZ) 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.


Verizon Communications 12-1 Month Momentum % Related Terms

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


Verizon Communications Business Description

Address
1095 Avenue of the Americas, New York, NY, USA, 10036
Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 30 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks. Verizon agreed to acquire Frontier Communications in September 2024.

Verizon Communications Headlines

No Headlines