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SoFi Technologies (SoFi Technologies) 12-1 Month Momentum %

: 18.39% (As of Today)
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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), SoFi Technologies's 12-1 Month Momentum % is 18.39%.

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

SOFI's 12-1 Month Momentum % is ranked better than
57.01% of 556 companies
in the Credit Services industry
Industry Median: 9.87 vs SOFI: 18.39

Competitive Comparison

For the Credit Services subindustry, SoFi Technologies'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.


SoFi Technologies 12-1 Month Momentum % Distribution

For the Credit Services industry and Financial Services sector, SoFi Technologies's 12-1 Month Momentum % distribution charts can be found below:

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



SoFi Technologies  (NAS:SOFI) 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.


SoFi Technologies  (NAS:SOFI) 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.


SoFi Technologies 12-1 Month Momentum % Related Terms

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SoFi Technologies (SoFi Technologies) Business Description

Traded in Other Exchanges
Address
234 1st Street, San Francisco, CA, USA, 94105
SoFi is a financial-services company that was founded in 2011 and is based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020, the company also offers payment and account services for debit cards and digital banking.
Executives
Jeremy Rishel officer: Chief Technology Officer 234 1ST STREET, SAN FRANCISCO CA 94105
Anthony Noto director, officer: Chief Executive Officer C/O SOFI TECHNOLOGIES, INC., 234 1ST STREET, SAN FRANCISCO CA 94105
Christopher Lapointe officer: Chief Financial Officer 234 1ST ST, SAN FRANCISCO CA 94105
Webb Lauren Stafford officer: Chief Marketing Officer 234 1ST ST, SAN FRANCISCO CA 94105
Aaron Webster officer: Chief Risk Officer 234 1ST ST, SAN FRANCISCO CA 94105
Chad M Borton officer: President - SoFi Bank 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
Hele John C.r. director WESSEX HOUSE, 4TH FLOOR, 45 REID STREET, HAMILTON D0 HM 12
Robert S Lavet officer: General Counsel and Secretary 12061 BLUEMONT WAY, RESTON VA 20190
Softbank Group Corp director, 10 percent owner 1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Michelle Gill officer: EVP & Group Business Leader 16 FUNSTON AVENUE, SUITE A, THE PRESIDIO OF SAN FRANCISCO, SAN FRANCISCO CA 94129
Harvey M Schwartz director C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Micah Heavener officer: Head of Operations 234 1ST ST, SAN FRANCISCO CA 94105
George Thompson Hutton director C/O WHITE MOUNTAINS INSURANCE GROUP, LTD, 80 SOUTH MAIN STREET, HANOVER NH 03755
Investment Authority Qatar director P.O. BOX 23224, DOHA S3 QATAR
Thomas Clayton Wilkes director, officer: CEO - Galileo 234 1ST ST, SAN FRANCISCO CA 94015