12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-23), Virgin Galactic Holdings's 12-1 Month Momentum % is -60.68%.
The industry rank for Virgin Galactic Holdings's 12-1 Month Momentum % or its related term are showing as below:
SPCE's 12-1 Month Momentum % is ranked worse than 95.36% of 302
companies
in the Aerospace & Defense industry
Industry Median: 7.705
vs SPCE: -60.68
Competitive Comparison
For the Aerospace & Defense subindustry, Virgin Galactic Holdings'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.
Virgin Galactic Holdings 12-1 Month Momentum % Distribution
For the Aerospace & Defense industry and Industrials sector, Virgin Galactic Holdings's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Virgin Galactic Holdings'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.
Virgin Galactic Holdings 12-1 Month Momentum % Related Terms
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Virgin Galactic Holdings (Virgin Galactic Holdings) Business Description
Virgin Galactic Holdings Inc is a United States-based vertically integrated aerospace company pioneering human spaceflight for private individuals & researchers, and it also manufactures advanced air and space vehicles. Using its technologies, it is developing a spaceflight system designed to offer its customers a unique, multi-day, and transformative experience. This culminates in a spaceflight that includes views of Earth from space and several minutes of weightlessness that will launch from Spaceport America, New Mexico.
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