12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-24), Innovative Solutions and Support's 12-1 Month Momentum % is 9.12%.
The industry rank for Innovative Solutions and Support's 12-1 Month Momentum % or its related term are showing as below:
ISSC's 12-1 Month Momentum % is ranked better than 50% of 302
companies
in the Aerospace & Defense industry
Industry Median: 8.59
vs ISSC: 9.12
Competitive Comparison
For the Aerospace & Defense subindustry, Innovative Solutions and Support'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.
Innovative Solutions and Support 12-1 Month Momentum % Distribution
For the Aerospace & Defense industry and Industrials sector, Innovative Solutions and Support's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Innovative Solutions and Support's 12-1 Month Momentum % falls into.
Innovative Solutions and Support (NAS:ISSC) 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.
Innovative Solutions and Support (NAS:ISSC) 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.
Innovative Solutions and Support 12-1 Month Momentum % Related Terms
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Innovative Solutions and Support (Innovative Solutions and Support) Business Description
Innovative Solutions and Support Inc is a systems integrator that designs, manufactures, sells, and services air data equipment, engine display systems, standby equipment, primary flight guidance, and cockpit display systems for retrofit applications and original equipment manufacturers. The company supplies integrated Flight Management Systems, Flat Panel Display Systems, Integrated Standby Units, Advanced Global Positioning System receivers that enable reduced carbon footprint navigation, and an Autothrottle, which allows a pilot to automatically control the power setting of the engine and is designed to reduce pilot workload and enhance safety. It sells its products to both the OEM and the retrofit markets.
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