GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ether Capital Corp (OTCPK:DTSRF) » Definitions » 12-1 Month Momentum %

Ether Capital (Ether Capital) 12-1 Month Momentum % : 102.92% (As of Apr. 28, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Ether Capital 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 (2024-04-28), Ether Capital's 12-1 Month Momentum % is 102.92%.

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

DTSRF's 12-1 Month Momentum % is ranked better than
96.79% of 1746 companies
in the Asset Management industry
Industry Median: 1.915 vs DTSRF: 102.92

Competitive Comparison of Ether Capital's 12-1 Month Momentum %

For the Asset Management subindustry, Ether Capital'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.


Ether Capital's 12-1 Month Momentum % Distribution in the Asset Management Industry

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

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



Ether Capital  (OTCPK:DTSRF) 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.


Ether Capital  (OTCPK:DTSRF) 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.


Ether Capital 12-1 Month Momentum % Related Terms

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


Ether Capital (Ether Capital) Business Description

Traded in Other Exchanges
Address
130 Adelaide Street West, Suite 3100, 31st Floor, Toronto, ON, CAN, M5H 3P5
Ether Capital Corp is a Canada based technology company focused on becoming the central business and investment hub for the Ethereum ecosystem. Its portfolio includes Ether which is the native Ethereum crypto-asset and is the commodity-like fuel used to access the Ethereum network and broadcast transactions; MakerDao which is a decentralized credit platform built on Ethereum in which collateral is leveraged to produce a stable coin; and Wyre which is a cryptocurrency exchange and technology platform based in San Francisco that is focused on building compliant fiat-to-crypto on and off ramps.

Ether Capital (Ether Capital) Headlines