12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-24), Rand Worldwide's 12-1 Month Momentum % is -18.57%.
The industry rank for Rand Worldwide's 12-1 Month Momentum % or its related term are showing as below:
RWWI's 12-1 Month Momentum % is not ranked
in the Software industry.
Industry Median: -6.67
vs RWWI: -18.57
Competitive Comparison of Rand Worldwide's 12-1 Month Momentum %
For the Software - Application subindustry, Rand Worldwide'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.
Rand Worldwide's 12-1 Month Momentum % Distribution in the Software Industry
For the Software industry and Technology sector, Rand Worldwide's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Rand Worldwide's 12-1 Month Momentum % falls into.
* 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.
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.
Rand Worldwide 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Rand Worldwide's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Rand Worldwide (Rand Worldwide) Business Description
Rand Worldwide Inc provides design, engineering, and facilities management technology solutions and professional services to engineering and design companies internationally. It provides value-added services, such as training, technical support, and other consulting and professional services to businesses, government agencies, and educational institutions. The firm operates in five divisions: IMAGINiT Technologies, Rand 3D, Rand Simulation, Facilities Management, and ASCENT - Center for Technical Knowledge. The company's product sale revenue comes from the sale of perpetual as well as term-based software licenses, hardware, and training materials.
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