What is NanoString Technologies 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 (2024-04-27), NanoString Technologies's 12-1 Month Momentum % is -99.34%.
The industry rank for NanoString Technologies's 12-1 Month Momentum % or its related term are showing as below:
NSTGQ's 12-1 Month Momentum % is ranked worse than 99.88% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: -17.465
vs NSTGQ: -99.34
Competitive Comparison of NanoString Technologies's 12-1 Month Momentum %
For the Medical Instruments & Supplies subindustry, NanoString 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.
NanoString Technologies's 12-1 Month Momentum % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, NanoString Technologies's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where NanoString Technologies'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.
NanoString Technologies 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of NanoString Technologies's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
NanoString Technologies (NanoString Technologies) Business Description
NanoString Technologies Inc is engaged in the development, manufacturing and commercialization of instruments, consumables, and services for efficiently profiling the activity of hundreds of genes and proteins simultaneously from a single tissue sample. Its core technology includes proprietary chemistries that enable the labeling and counting of single molecules. The firm uses its technology to develop tools for scientific and clinical research, primarily in the fields of genomics and proteomics. It offers two product platforms such as nCounter Analysis System or nCounter, and GeoMx Digital Spatial Profiler or DSP system both include instruments, related consumables, and software. NanoString Technologies generates revenue from the sale of products and related services and collaborations.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSTGQ has been successfully added to your