GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zapp Electric Vehicles Group Ltd (NAS:ZAPP) » Definitions » 12-1 Month Momentum %

Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) 12-1 Month Momentum % : N/A% (As of May. 04, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Zapp Electric Vehicles Group 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 (2024-05-04), Zapp Electric Vehicles Group's 12-1 Month Momentum % is N/A%.

The industry rank for Zapp Electric Vehicles Group's 12-1 Month Momentum % or its related term are showing as below:

ZAPP's 12-1 Month Momentum % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 4.77
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of Zapp Electric Vehicles Group's 12-1 Month Momentum %

For the Auto Manufacturers subindustry, Zapp Electric Vehicles Group'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.


Zapp Electric Vehicles Group's 12-1 Month Momentum % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zapp Electric Vehicles Group's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Zapp Electric Vehicles Group's 12-1 Month Momentum % falls into.



Zapp Electric Vehicles Group  (NAS:ZAPP) 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.


Zapp Electric Vehicles Group  (NAS:ZAPP) 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.


Zapp Electric Vehicles Group 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Zapp Electric Vehicles Group's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Business Description

Traded in Other Exchanges
N/A
Address
87/1 Wireless Road, 26/F Capital Tower, All Seasons Place, Lumpini, Patumwan, Bangkok, THA, 10330
Zapp Electric Vehicles Group Ltd designs, manufactures and sells high performance electric vehicles, including maintenance and repair of electric vehicles and related parts and accessories.

Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Headlines

From GuruFocus

Zapp EV Announces Reverse Stock Split

By Marketwired 04-16-2024