12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2022-05-20), DocuSign's 12-1 Month Momentum % is -46.16%.
The industry rank for DocuSign's 12-1 Month Momentum % or its related term are showing as below:
DOCU's 12-1 Month Momentum % is ranked worse than 81.17% of 2422
companies
in the Software industry
Industry Median: -12.83
vs DOCU: -46.16
Competitive Comparison
For the Software - Application subindustry, DocuSign'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.
DocuSign 12-1 Month Momentum % Distribution
For the Software industry and Technology sector, DocuSign's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where DocuSign's 12-1 Month Momentum % falls into.
* 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.
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.
DocuSign 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of DocuSign's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
DocuSign offers the Agreement Cloud, a broad cloud-based software suite that enables users to automate the agreement process and provide legally binding e-signatures from nearly any device. The company was founded in 2003 and completed its IPO in May 2018.
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