What is Spot Mobile International 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 (2024-04-29), Spot Mobile International's 12-1 Month Momentum % is N/A%.
The industry rank for Spot Mobile International's 12-1 Month Momentum % or its related term are showing as below:
RPID's 12-1 Month Momentum % is not ranked *
in the Telecommunication Services industry.
Industry Median: -3.925 * Ranked among companies with meaningful 12-1 Month Momentum % only.
Competitive Comparison of Spot Mobile International's 12-1 Month Momentum %
For the Telecom Services subindustry, Spot Mobile International'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.
Spot Mobile International's 12-1 Month Momentum % Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Spot Mobile International's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Spot Mobile International's 12-1 Month Momentum % falls into.
Spot Mobile International (OTCPK:RPID) 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.
Spot Mobile International (OTCPK:RPID) 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.
Spot Mobile International 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Spot Mobile International's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Spot Mobile International (Spot Mobile International) Business Description
Spot Mobile International Ltd is a Delaware corporation. The Company was incorporated on July 10, 1986 under the Company Act of the Province of British Columbia, Canada. On February 1, 1999, it reincorporated under the laws of the State of Delaware under the name 'ARDIS Telecom & Technologies, Inc'. On November 2, 1999, it acquired all of the business and assets of Dial Thru International Corporation, a California corporation, and, on January 19, 2000, it changed its name from ARDIS Telecom & Technologies, Inc. to Dial Thru International Corporation. On November 1, 2005, The Company changed its name to Rapid Link, Incorporated. On June 7, 2010, Rapid Link changed its name to Spot Mobile International Ltd. The Company is a telecommunications services company which, through its wholly-owned subsidiaries, provides prepaid telecommunication and transaction based point of sale activation solutions through over 280 independent retailers in the Eastern United States. The Company's operations are conducted mainly through its wholly owned subsidiaries: Mr. Prepaid, Inc., a Florida corporation and Spot Mobile Corp., a Florida corporation. Mr. Prepaid operates as a retail point of sale distributor of prepaid wireless airtime. Spot Mobile Corp. is a prepaid wireless Mobile Virtual Network Operator ('MVNO') that distributes and sells prepaid wireless handsets and SIM cards, offering talk and text services for wireless subscribers. The Company's MVNO operates on the Global System for Mobile Communications ('GSM') platform service. The Company's main competitors are AT&T, Sprint Nextel, Verizon and T-Mobile. In addition, in many markets there are regional wireless service providers, such as U.S. Cellular, MetroPCS and Leap Wireless as well as established MVNO operators including Boost, Tracfone, Virgin Mobile, Simple Mobile, and Page Plus. The Company's domestic operations are subject to regulation by the FCC and other federal, state and local agencies, and its international operations are regulated by various foreign governments and international bodies.
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