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Vectus Biosystems (ASX:VBS) 12-1 Month Momentum %

: -57.75% (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 (2024-02-24), Vectus Biosystems's 12-1 Month Momentum % is -57.75%.

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

ASX:VBS's 12-1 Month Momentum % is ranked worse than
75.87% of 1500 companies
in the Biotechnology industry
Industry Median: -29.48 vs ASX:VBS: -57.75

Competitive Comparison

For the Biotechnology subindustry, Vectus Biosystems'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.

Vectus Biosystems 12-1 Month Momentum % Distribution

For the Biotechnology industry and Healthcare sector, Vectus Biosystems's 12-1 Month Momentum % distribution charts can be found below:

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

Vectus Biosystems  (ASX:VBS) 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.

Vectus Biosystems  (ASX:VBS) 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.

Vectus Biosystems 12-1 Month Momentum % Related Terms

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Vectus Biosystems (ASX:VBS) Business Description

Traded in Other Exchanges
3-11 Primrose Avenue, Rosebery, Sydney, NSW, AUS, 2018
Vectus Biosystems Ltd is an emerging biotechnology company based in Sydney, Australia. The company is in the process of developing a treatment for fibrosis and high blood pressure, which includes heart, kidney, and liver diseases. The company has also developed a technology aimed at improving the speed and accuracy of measuring the amount of DNA and RNA in samples tested in laboratories.

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