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Urovo Technology Co (SZSE:300531) 12-1 Month Momentum % : 12.20% (As of Dec. 15, 2024)


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What is Urovo Technology Co 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 (2024-12-15), Urovo Technology Co's 12-1 Month Momentum % is 12.20%.

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

SZSE:300531's 12-1 Month Momentum % is ranked better than
64.08% of 2436 companies
in the Hardware industry
Industry Median: -0.55 vs SZSE:300531: 12.20

Competitive Comparison of Urovo Technology Co's 12-1 Month Momentum %

For the Communication Equipment subindustry, Urovo Technology Co'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.


Urovo Technology Co's 12-1 Month Momentum % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Urovo Technology Co's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Urovo Technology Co's 12-1 Month Momentum % falls into.



Urovo Technology Co  (SZSE:300531) 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.


Urovo Technology Co  (SZSE:300531) 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.


Urovo Technology Co 12-1 Month Momentum % Related Terms

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Urovo Technology Co Business Description

Traded in Other Exchanges
N/A
Address
High-tech Zone, No. 63 Xuefu Road, Yuehai Street, 36th Floor, United Headquarters Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Urovo Technology Co Ltd is a industry mobile application software and hardware integrated solution provider. The company manufacturers of Mobile Computers (PDA) and Payment Terminals. Its product categories include rugged mobile computers, Android handheld POS terminals, AIDC terminals, RFID reader, handheld barcode scanners and portable thermal printers.
Executives
Chen Xue Fei Executives

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