Foresight VCT (LSE:FTV) 12-1 Month Momentum %

: N/A% (As of Today)

View and export this data going back to 1997. 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 (2024-04-19), Foresight VCT's 12-1 Month Momentum % is N/A%.

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

LSE:FTV's 12-1 Month Momentum % is not ranked ^*
in the Asset Management industry.
Industry Median: 0.505
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison

For the Asset Management subindustry, Foresight VCT'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.

Foresight VCT 12-1 Month Momentum % Distribution

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

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

Foresight VCT (LSE:FTV) 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.

Foresight VCT (LSE:FTV) 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.

Foresight VCT 12-1 Month Momentum % Related Terms

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

Foresight VCT (LSE:FTV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Foresight VCT PLC (LSE:FTV) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

32 London Bridge Street, The Shard, London, GBR, SE1 9SG

Website

https://www.foresightgroup.eu

Foresight VCT PLC is a UK-based venture capital trust. The company's activity is to make investments in unquoted or alternative investment market listed companies in the UK. The investment objective of the company is to provide private investors with regular dividends and maintained capital value from a portfolio of investments in fast-growing unquoted companies in the United Kingdom. The company invests in a range of securities including, but not limited to, ordinary and preference shares, loan stock, convertible securities, fixed-interest securities, and cash.