GURUFOCUS.COM » STOCK LIST » Technology » Software » Temenos AG (OTCPK:TMNSF) » Definitions » 6-1 Month Momentum %

Temenos AG (Temenos AG) 6-1 Month Momentum % : -2.33% (As of May. 06, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Temenos AG 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-06), Temenos AG's 6-1 Month Momentum % is -2.33%.

The industry rank for Temenos AG's 6-1 Month Momentum % or its related term are showing as below:

TMNSF's 6-1 Month Momentum % is ranked worse than
63.85% of 2802 companies
in the Software industry
Industry Median: 3.015 vs TMNSF: -2.33

Competitive Comparison of Temenos AG's 6-1 Month Momentum %

For the Software - Application subindustry, Temenos AG's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.

Temenos AG's 6-1 Month Momentum % Distribution in the Software Industry

For the Software industry and Technology sector, Temenos AG's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Temenos AG's 6-1 Month Momentum % falls into.


Temenos AG  (OTCPK:TMNSF) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-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.

Temenos AG  (OTCPK:TMNSF) 6-1 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 6-1 Month Momentum % measures the total return to a stock over the past six 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.

Temenos AG 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Temenos AG's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

Temenos AG (Temenos AG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Temenos AG (OTCPK:TMNSF) » Definitions » 6-1 Month Momentum %
Comparable Companies
XSWX:SWON XSWX:CLXN CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP SNOW TEAM ADSK TSX:CSU TTD DDOG ANSS FICO
Traded in Other Exchanges
TMSNY:USA TEMNz:UK 0QOA:UK TE8A:Germany TEMN:Switzerland
Address
2 Rue de L’Ecole-de-Chimie, Geneva, CHE, 1205
Website
https://www.temenos.com
Temenos AG is a Switzerland-based provider of software systems for banking and other financial services. Its digital banking offerings include corporate banking, investor servicing, retail banking, Islamic banking, Internet and mobile banking, and micro-banking capabilities. Its other offerings include financial crime analysis, payment processing, risk and compliance, portfolio and fund accounting, customer relationship management, data warehousing, and reporting. The firm has operations in the Americas, Europe, Middle East, Africa, and Asia-Pacific.