12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-20), Schrodinger's 12-1 Month Momentum % is -12.35%.
The industry rank for Schrodinger's 12-1 Month Momentum % or its related term are showing as below:
SDGR's 12-1 Month Momentum % is ranked worse than 50.31% of 642
companies
in the Healthcare Providers & Services industry
Industry Median: -12.08
vs SDGR: -12.35
Competitive Comparison
For the Health Information Services subindustry, Schrodinger'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.
Schrodinger 12-1 Month Momentum % Distribution
For the Healthcare Providers & Services industry and Healthcare sector, Schrodinger's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Schrodinger'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.
Schrodinger 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Schrodinger's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Schrodinger Inc is a healthcare-based software company. Its operating segments are Software and Drug discovery. Through the Software segment, the company is focused on selling software to transform drug discovery across the life sciences industry and customers in materials science industries. In the Drug discovery segment, it is engaged in generating revenue from a portfolio of preclinical and clinical programs, internally and through collaborations. It generates revenue from the sales of software solutions and from research funding and milestone payments from its drug discovery collaborations.
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