Servcorp (ASX:SRV) 12-1 Month Momentum %

: 20.06% (As of Today) 中文

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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), Servcorp's 12-1 Month Momentum % is 20.06%.

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

ASX:SRV's 12-1 Month Momentum % is ranked better than
70.86% of 1877 companies
in the Real Estate industry
Industry Median: -2.78 vs ASX:SRV: 20.06

Competitive Comparison

For the Real Estate Services subindustry, Servcorp'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.

Servcorp 12-1 Month Momentum % Distribution

For the Real Estate industry and Real Estate sector, Servcorp's 12-1 Month Momentum % distribution charts can be found below:

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

Servcorp (ASX:SRV) 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.

Servcorp (ASX:SRV) 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.

Servcorp 12-1 Month Momentum % Related Terms

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Servcorp (ASX:SRV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Servcorp Ltd (ASX:SRV) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

19-29 Martin Place, Level 63, MLC Centre, Sydney, NSW, AUS, 2000

Website

https://www.servcorp.com.au

Servcorp Ltd is a provider of a wide variety of office-space solutions for businesses, including virtual offices, executive suites, meeting rooms, and other accommodations. The company was founded in Australia but currently operates in numerous large cities across over 21 countries, including New York, Sydney, London, Paris, Tokyo, Hong Kong, and Dubai. Notable locations include co-working space in the One World Trade Center in New York City. The company reports revenue from like-for-like floor income. The company has its operating segments in Australia, New Zealand and South East Asia (ANZ/SEA); United States of America (USA); Europe and Middle East (EME) and North Asia, which derives maximum revenue.