Sprott (Sprott) 12-1 Month Momentum % : 2.01% (As of Apr. 25, 2024)

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What is Sprott 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 (2024-04-25), Sprott's 12-1 Month Momentum % is 2.01%.

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

SII's 12-1 Month Momentum % is ranked better than
52.61% of 1743 companies
in the Asset Management industry
Industry Median: 1.29 vs SII: 2.01

Competitive Comparison of Sprott's 12-1 Month Momentum %

For the Asset Management subindustry, Sprott'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.

Sprott's 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sprott's 12-1 Month Momentum % distribution charts can be found below:

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

Sprott (NYSE:SII) 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.

Sprott (NYSE:SII) 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.

Sprott 12-1 Month Momentum % Related Terms

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Sprott (Sprott) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sprott Inc (NYSE:SII) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

SII:Canada

Address

200 Bay Street, South Tower, Suite 2600, Royal Bank Plaza, Toronto, ON, CAN, M5J 2J1

Website

https://www.sprott.com

Sprott Inc is an alternative asset manager operating in Canada. The company has five reportable segments: Exchange Listed Products, which includes management services to the company's closed-end physical trusts and exchange-traded funds, both of which are actively traded on public securities exchanges; Managed equities segment provides asset management and sub-advisory services to the Company's branded funds, fixed-term LPs and managed accounts; Private strategies; Brokerage segment includes activities of Canadian and U.S. broker-dealers; Corporate; and Others.