DBS Group Holdings (SGX:D05) 12-1 Month Momentum %

: 6.16% (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), DBS Group Holdings's 12-1 Month Momentum % is 6.16%.

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

SGX:D05's 12-1 Month Momentum % is ranked worse than
52.9% of 1552 companies
in the Banks industry
Industry Median: 7.965 vs SGX:D05: 6.16

Competitive Comparison

For the Banks - Regional subindustry, DBS Group 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.

DBS Group Holdings 12-1 Month Momentum % Distribution

For the Banks industry and Financial Services sector, DBS Group Holdings's 12-1 Month Momentum % distribution charts can be found below:

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

DBS Group Holdings (SGX:D05) 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.

DBS Group Holdings (SGX:D05) 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.

DBS Group Holdings 12-1 Month Momentum % Related Terms

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DBS Group Holdings (SGX:D05) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » DBS Group Holdings Ltd (SGX:D05) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

DBSDY:USA DBSDF:USA DEVL:Germany

Address

12 Marina Boulevard, Marina Bay Financial Centre Tower 3, Singapore, SGP, 018982

Website

https://www.dbs.com

DBS Group is a Singapore-based banking group offering a full range of services to consumers, small to midsize enterprises, and corporations and institutions. Its main presence is in Singapore and Greater China. The recent acquisition of Lakshmi Vilas Bank has strengthened DBS' operations in India, and the acquisition of Citibank's Taiwan operation should bring additional growth in Greater China. DBS' wealth management division is one of the largest in Asia, with assets under management of SGD 320 billion as of June 2023.

DBS Group Holdings (SGX:D05) Headlines

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