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TRUG (TruGolf Holdings) 12-1 Month Momentum % : N/A% (As of Dec. 14, 2024)


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What is TruGolf Holdings 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 (2024-12-14), TruGolf Holdings's 12-1 Month Momentum % is N/A%.

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

TRUG's 12-1 Month Momentum % is not ranked *
in the Interactive Media industry.
Industry Median: -14.13
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of TruGolf Holdings's 12-1 Month Momentum %

For the Electronic Gaming & Multimedia subindustry, TruGolf Holdings'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.


TruGolf Holdings's 12-1 Month Momentum % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, TruGolf Holdings's 12-1 Month Momentum % distribution charts can be found below:

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



TruGolf Holdings  (NAS:TRUG) 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.


TruGolf Holdings  (NAS:TRUG) 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.


TruGolf Holdings 12-1 Month Momentum % Related Terms

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TruGolf Holdings Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
60 North 1400 West, Centerville, UT, USA, 84014
TruGolf Holdings Inc is a indoor golf gaming solutions company. It has built video games ("Links"), innovative hardware solutions, and an all-new e-sports platform to connect golfers around the world with E6 CONNECT.