GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » IndusInd Bank Ltd (NSE:INDUSINDBK) » Definitions » 12-1 Month Momentum %

IndusInd Bank (NSE:INDUSINDBK) 12-1 Month Momentum % : 7.65% (As of Jul. 21, 2024)

View and export this data going back to 1998. Start your Free Trial

What is IndusInd Bank 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 (2024-07-21), IndusInd Bank's 12-1 Month Momentum % is 7.65%.

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

NSE:INDUSINDBK's 12-1 Month Momentum % is ranked better than
55.99% of 1602 companies
in the Banks industry
Industry Median: 4.1 vs NSE:INDUSINDBK: 7.65

Competitive Comparison of IndusInd Bank's 12-1 Month Momentum %

For the Banks - Regional subindustry, IndusInd Bank'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.

IndusInd Bank's 12-1 Month Momentum % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, IndusInd Bank's 12-1 Month Momentum % distribution charts can be found below:

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

IndusInd Bank  (NSE:INDUSINDBK) 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.

IndusInd Bank  (NSE:INDUSINDBK) 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.

IndusInd Bank 12-1 Month Momentum % Related Terms

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

IndusInd Bank (NSE:INDUSINDBK) Business Description

Traded in Other Exchanges
841, Senapati Bapat Marg, 8th Floor, Tower 1, One World Centre, Prabhadevi (West), Mumbai, MH, IND, 400013
IndusInd Bank Ltd is a full-service banking group operating in India. Its services include consumer banking, credit cards, consumer finance, corporate banking, commercial banking, global markets, transaction banking, priority sector lending, risk management, and financial restructuring and reconstruction. The Bank operates in four business segments, viz. Treasury, Corporate/ Wholesale Banking, Retail Banking and Other Banking Operations. The Bank generates majority of the revenue from Retail Banking segment. The bank's strategic focus has been to maintain its high-street brand, and it has adopted various initiatives to increase the brand's visibility through digital marketing and increased financial technology. Most of its loan book is in term loans entirely exposed to India.

IndusInd Bank (NSE:INDUSINDBK) Headlines

No Headlines