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Telecom Argentina (Telecom Argentina) 12-1 Month Momentum % : 57.74% (As of Apr. 25, 2024)


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What is Telecom Argentina 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 (2024-04-25), Telecom Argentina's 12-1 Month Momentum % is 57.74%.

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

TEO's 12-1 Month Momentum % is ranked better than
88.34% of 403 companies
in the Telecommunication Services industry
Industry Median: -5.13 vs TEO: 57.74

Competitive Comparison of Telecom Argentina's 12-1 Month Momentum %

For the Telecom Services subindustry, Telecom Argentina'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.


Telecom Argentina's 12-1 Month Momentum % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telecom Argentina's 12-1 Month Momentum % distribution charts can be found below:

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



Telecom Argentina  (NYSE:TEO) 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.


Telecom Argentina  (NYSE:TEO) 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.


Telecom Argentina 12-1 Month Momentum % Related Terms

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Telecom Argentina (Telecom Argentina) Business Description

Address
General Hornos 690, Buenos Aires, ARG, C1272ACK
Telecom Argentina SA offers its customers quadruple play services, combining mobile telephony services, cable television services, Internet services and fixed telephony services. It also provides other telephone-related services such as international long-distance and wholesale services, data transmission and IT solutions outsourcing and install, operate and develop cable television and data transmission services. The company provides services in Argentina (mobile, cable television, Internet and fixed and data services), Paraguay (mobile, Internet and satellite TV services), Uruguay (cable television services) and the United States (fixed wholesale services).

Telecom Argentina (Telecom Argentina) Headlines

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