12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-01), Blade Air Mobility's 12-1 Month Momentum % is 8.78%.
The industry rank for Blade Air Mobility's 12-1 Month Momentum % or its related term are showing as below:
BLDE's 12-1 Month Momentum % is ranked better than 59.42% of 1035
companies
in the Transportation industry
Industry Median: -0.85
vs BLDE: 8.78
Competitive Comparison of Blade Air Mobility's 12-1 Month Momentum %
For the Airports & Air Services subindustry, Blade Air Mobility'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.
Blade Air Mobility's 12-1 Month Momentum % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Blade Air Mobility's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Blade Air Mobility's 12-1 Month Momentum % falls into.
Blade Air Mobility (NAS:BLDE) 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.
Blade Air Mobility (NAS:BLDE) 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.
Blade Air Mobility 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Blade Air Mobility's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Blade Air Mobility (Blade Air Mobility) Business Description
Blade Air Mobility Inc is a technology-powered air mobility platform that provides consumers with a cost-effective and time-efficient alternative to ground transportation for congested routes. The company's Passenger reporting segment arranges charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes operating in various locations throughout the United States and abroad. The company's Medical reporting segment includes air medical transporters of human organs in the United States, providing end-to-end logistics for transplant centers and organ procurement organizations utilizing helicopters, jets, turboprops and ground vehicles.
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