12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2023-03-30), Broadcom's 12-1 Month Momentum % is -5.83%.
The industry rank for Broadcom's 12-1 Month Momentum % or its related term are showing as below:
AVGO's 12-1 Month Momentum % is ranked better than 62.12% of 895
companies
in the Semiconductors industry
Industry Median: -15.46
vs AVGO: -5.83
Competitive Comparison
For the Semiconductors subindustry, Broadcom'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.
Broadcom 12-1 Month Momentum % Distribution
For the Semiconductors industry and Technology sector, Broadcom's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Broadcom's 12-1 Month Momentum % falls in comparison to its industry or sector. The grey bar indicates the 12-1 Month Momentum %'s extreme value range as defined by GuruFocus.
* 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.
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.
Broadcom 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Broadcom's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Broadcom—the combined entity of Broadcom and Avago—boasts a highly diverse product portfolio across an array of end markets. Avago focused primarily on radio frequency filters and amplifiers used in high-end smartphones, such as the Apple iPhone and Samsung Galaxy devices, in addition to an assortment of solutions for wired infrastructure, enterprise storage, and industrial end markets. Legacy Broadcom targeted networking semiconductors, such as switch and physical layer chips, broadband products (such as television set-top box processors), and connectivity chips that handle standards such as Wi-Fi and Bluetooth. The company has acquired Brocade, CA Technologies, Symantec's enterprise security business, and has a pending deal to acquire VMware to bolster its offerings in software.
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