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Nomura Holdings (BSP:NMRH34) 12-1 Month Momentum %

: 67.44% (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 (2024-04-23), Nomura Holdings's 12-1 Month Momentum % is 67.44%.

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

BSP:NMRH34's 12-1 Month Momentum % is ranked better than
79.26% of 810 companies
in the Capital Markets industry
Industry Median: 13.245 vs BSP:NMRH34: 67.44

Competitive Comparison

For the Capital Markets subindustry, Nomura Holdings'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.


Nomura Holdings 12-1 Month Momentum % Distribution

For the Capital Markets industry and Financial Services sector, Nomura Holdings's 12-1 Month Momentum % distribution charts can be found below:

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



Nomura Holdings  (BSP:NMRH34) 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.


Nomura Holdings  (BSP:NMRH34) 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.


Nomura Holdings 12-1 Month Momentum % Related Terms

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Nomura Holdings (BSP:NMRH34) Business Description

Address
13-1, Nihonbashi 1-chome, Chuo-Ku, Tokyo, JPN, 103-8645
Nomura is Japan's largest broker, about twice the size of rival Daiwa Securities and roughly three times the size of the securities units of the three megabanks. It is also the largest asset-management company in Japan, with a similar size differential compared with its rivals. Despite its topnotch brand name in retail broking and asset management in Japan, Nomura has struggled to compete effectively in the institutional securities business against larger global rivals. In 2008, Nomura bought European and Asian assets of the failed Lehman Brothers, which led to a sharply higher cost base but did not provide commensurate revenue. Nomura has reduced the scale of these businesses but maintains its ambition to compete globally with the top players.

Nomura Holdings (BSP:NMRH34) Headlines

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