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AXT (AXTI) 12-1 Month Momentum % : 76.78% (As of May. 03, 2024)


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What is AXT 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-03), AXT's 12-1 Month Momentum % is 76.78%.

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

AXTI's 12-1 Month Momentum % is ranked better than
86.06% of 954 companies
in the Semiconductors industry
Industry Median: -2 vs AXTI: 76.78

Competitive Comparison of AXT's 12-1 Month Momentum %

For the Semiconductor Equipment & Materials subindustry, AXT'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.


AXT's 12-1 Month Momentum % Distribution in the Semiconductors Industry

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

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



AXT  (NAS:AXTI) 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.


AXT  (NAS:AXTI) 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.


AXT 12-1 Month Momentum % Related Terms

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AXT (AXTI) Business Description

Traded in Other Exchanges
Address
4281 Technology Drive, Fremont, CA, USA, 94538
AXT Inc is a developer and producer of compound and single-element semiconductor substrates, also known as wafers. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. It is engaged in the design, development, manufacture, and distribution of high-performance compound semiconductor substrates and the sale of materials. The company provides alternative or specialty materials in the form of substrates or wafers, including compound and single-element substrates. Its compound substrates combine indium with phosphorous or gallium with arsenic. Geographically firm has its business presence across the region of Europe, Japan, Taiwan, China, North America, and the Asia Pacific from which China derives its maximum revenue to the company.
Executives
Russell Christine director 17165 PINE STREET, LOS GATOS CA 95032
Gary L Fischer officer: Vice President, CFO & Corp Sec 4281 TECHNOLOGY DRIVE, FREMONT CA 94538
Morris S Young director, officer: Chief Executive Officer 4281 TECHNOLOGY DRIVE, FREMONT CA 94538
Jesse Chen director 18975 MONTE VISTA DR, SARATOGA CA 95070
David C Chang director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 16TH FLOOR, NEW YORK NY 10023
Ni-pixel director 4699 OLD IRONSIDE DRIVE, SUITE 300, SANTA CLARA CA 95054
Robert G Ochrym officer: VP Business Development 4281 TECHNOLOGY DRIVE, FREMONT CA 94538
Wilson Weicheng Lin officer: Chief Operating Officer 4281 TECHNOLOGY DRIVE, FREMONT CA 94538
Leonard J Leblanc director
Davis Zhang officer: President, JV Operations AXT, INC 4281, TECHNOLOGY DRIVE, FREMONT CA 94538
Hong Q Hou officer: Chief Operating Officer
Nai-yu Pai director 2065 ACADIA CT, CUPERTINO CA 94014
Raymond Anthony Low officer: Chief Financial Officer 25 SHADOW TREE CT, DANVILLE CA 94506
John J Cerilli officer: VP Global Sales & Marketing 4281 TECHNOLOGY DRIVE, FREMONT CA 94538
Yin Philip C S officer: Chief Executive Officer 4281 TECHNOLOGY DRIVE, FREMONT CA 94538