GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Juniper Networks Inc (BSP:J1NP34) » Definitions » 12-1 Month Momentum %

Juniper Networks (BSP:J1NP34) 12-1 Month Momentum %

: 13.79% (As of Today)
View and export this data going back to 2020. Start your Free Trial

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-16), Juniper Networks's 12-1 Month Momentum % is 13.79%.

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

BSP:J1NP34's 12-1 Month Momentum % is ranked better than
63.1% of 2428 companies
in the Hardware industry
Industry Median: -5.745 vs BSP:J1NP34: 13.79

Competitive Comparison

For the Communication Equipment subindustry, Juniper Networks'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.


Juniper Networks 12-1 Month Momentum % Distribution

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

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



Juniper Networks  (BSP:J1NP34) 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.


Juniper Networks  (BSP:J1NP34) 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.


Juniper Networks 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Juniper Networks's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Juniper Networks (BSP:J1NP34) Business Description

Address
1133 Innovation Way, Sunnyvale, CA, USA, 94089
Juniper Networks Inc is engaged in designing, developing, and selling products and services for high-performance networks to enable customers to build scalable, reliable, secure, and cost-effective networks for their businesses, while achieving agility and improved operating efficiency through automation. The company's high-performance network and service offerings include routing, switching, Wi-Fi, network security, artificial intelligence (AI) or AI-enabled enterprise networking operations (AIOps), and software-defined networking (SDN) technologies. In addition to the company's products, the company offers its customers a variety of services, including maintenance and support, professional services, Software-as-a-Service ("SaaS"), and education and training programs.

Juniper Networks (BSP:J1NP34) Headlines

No Headlines