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FinTech Chain (ASX:FTC) 12-1 Month Momentum %

: 40.00% (As of Today)
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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-23), FinTech Chain's 12-1 Month Momentum % is 40.00%.

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

ASX:FTC's 12-1 Month Momentum % is ranked better than
79.39% of 2722 companies
in the Software industry
Industry Median: -3.785 vs ASX:FTC: 40.00
Competitive Comparison

For the Software - Infrastructure subindustry, FinTech Chain'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.

FinTech Chain 12-1 Month Momentum % Distribution

For the Software industry and Technology sector, FinTech Chain's 12-1 Month Momentum % distribution charts can be found below:

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


FinTech Chain  (ASX:FTC) 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.

FinTech Chain  (ASX:FTC) 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.

FinTech Chain 12-1 Month Momentum % Related Terms

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FinTech Chain (ASX:FTC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » FinTech Chain Ltd (ASX:FTC) » Definitions » 12-1 Month Momentum %
Comparable Companies
ASX:KNO ASX:W2V ASX:EXT ASX:INP ASX:S3N ASX:GTH ASX:WHK ASX:EPX ASX:XPN ASX:ADS MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SPLK
Traded in Other Exchanges
N/A
Address
56 Dundas Street, Unit 1806, 18th Floor, Gala Place, Mongkok, Kowloon, Hong Kong, HKG
Website
https://www.ttg.hk
FinTech Chain Ltd is a provider of Integrated Payment Acquiring infrastructure for banks and Industry Application Solutions. Geographically, it derives a majority of its revenue from PRC. It serves banking, catering, department store, community, tourism, and retail industries. Its product portfolio includes Prepaid Cards, Integrated Payment Systems, POS P, BIN-Based Promotion Tools, Transaction E-Authentication, Digital Community Service, T-Linx Cloud Service, T-PAD, TL-008/009, and others. The company earns revenue from the provision of system development services; provision of information technology services; provision of point-of-sale machine services and the sale of point-of-sale machines.