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International Research PCL (BKK:IRCP-R) 12-1 Month Momentum %

: -18.28% (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 (2024-04-18), International Research PCL's 12-1 Month Momentum % is -18.28%.

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

BKK:IRCP-R's 12-1 Month Momentum % is ranked worse than
71.31% of 2722 companies
in the Software industry
Industry Median: -5.925 vs BKK:IRCP-R: -18.28

Competitive Comparison

For the Information Technology Services subindustry, International Research PCL'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.


International Research PCL 12-1 Month Momentum % Distribution

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

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



International Research PCL  (BKK:IRCP-R) 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.


International Research PCL  (BKK:IRCP-R) 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.


International Research PCL 12-1 Month Momentum % Related Terms

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International Research PCL (BKK:IRCP-R) Business Description

Traded in Other Exchanges
Address
Ratchadapisek Road, 7th Floor, 199 Column Tower, Khlong Toei Subdistrict, Khlong Toei District, Bangkok, THA, 10110
International Research Corp PCL is engaged in distribution and rendering system development services of information technology system, network information system, and telecommunication information system. The company operates in two reportable segments: Project business segment and Non-project business segment. The company and its subsidiaries operate in Thailand only.

International Research PCL (BKK:IRCP-R) Headlines

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