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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-07-23), Dev Information Technology's 12-1 Month Momentum % is -40.70%.
The industry rank for Dev Information Technology's 12-1 Month Momentum % or its related term are showing as below:
NSE:DEVIT's 12-1 Month Momentum % is ranked worse than 74.31% of 2764
companies
in the Software industry
Industry Median: -20.21
vs NSE:DEVIT: -40.70
Dev Information Technology (NSE:DEVIT) 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.
Dev Information Technology 12-1 Month Momentum % Related Terms
NSE:DEVIT vs IBM, ACN, FISV: 12-1 Month Momentum % Comparison
For the Information Technology Services subindustry, Dev Information Technology'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.
Dev Information Technology 12-1 Month Momentum % vs Software Industry
For the Software industry and Technology sector, Dev Information Technology's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Dev Information Technology's 12-1 Month Momentum % falls into.
Dev Information Technology (NSE:DEVIT) 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.
What does a 12-1 Month Momentum % of -40.70% mean?
Dev Information Technology (NSE:DEVIT) has a 12-1 Month Momentum % of -40.70% as of Jul. 23, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Dev Information Technology and its competitors. According to the industry distribution chart, Dev Information Technology ranks #2054 out of 2764 companies in the Software industry, placing it in the top 74.3%.
Is Dev Information Technology's 12-1 Month Momentum % too high?
Dev Information Technology's current 12-1 Month Momentum % is -40.70%. Based on the distribution chart, Dev Information Technology ranks #2054 out of 2764 companies in the Software industry, which is below the industry midpoint. Overall, Dev Information Technology has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dev Information Technology's 12-1 Month Momentum % compare to IBM and ACN?
According to the Software industry distribution chart, Dev Information Technology ranks #2054 out of 2764 companies for 12-1 Month Momentum %. This places Dev Information Technology in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for a Software company?
A good 12-1 Month Momentum % depends on the Software industry context. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Dev Information Technology and its competitors. Dev Information Technology's current 12-1 Month Momentum % is -40.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Information Technology stock overvalued right now?
Based on GuruFocus' analysis, Dev Information Technology (NSE:DEVIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹57.14, compared to a current price of ₹26.04 — trading 54.4% below its estimated fair value. The current 12-1 Month Momentum % is -40.70%. Dev Information Technology's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Dev Information Technology (NSE:DEVIT), the current 12-1 Month Momentum % is -40.70% as of Jul. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dev Information Technology (NSE:DEVIT) Overvalued in 2026?
Based on GuruFocus' analysis, Dev Information Technology stock appears to be undervalued.
The current stock price of ₹26.04 is trading 54.4% below its estimated GF Value™ of ₹57.14.
GuruFocus considers Dev Information Technology to be Possible Value Trap.
Key valuation signals for NSE:DEVIT:
12-1 Month Momentum %: -40.70%
GF Value™: ₹57.14 vs. price of ₹26.04 (54.4% below fair value)
No single metric tells the full story. See the NSE:DEVIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dev Information Technology Ltd is engaged in providing information technology solutions and consultancy services in India. It offers advisory, architecture, implementation, and support services. The company provides various services namely enterprise applications and mobility, infrastructure management, cloud computing, digital services and licensing among others. It operates in a single segment being IT and IT enabled services.
69GF Score
Get the complete analysis for NSE:DEVIT
12-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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