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Firsthand Technology Value Fund (NAS:SVVC) 12-1 Month Momentum %

: -70.98% (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 (2022-12-02), Firsthand Technology Value Fund's 12-1 Month Momentum % is -70.98%.

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

SVVC's 12-1 Month Momentum % is ranked worse than
97.65% of 1741 companies
in the Asset Management industry
Industry Median: -20.98 vs SVVC: -70.98

Firsthand Technology Value Fund (NAS:SVVC) 12-1 Month Momentum % Competitive Comparison

For the Asset Management subindustry, Firsthand Technology Value Fund'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.

   

Firsthand Technology Value Fund (NAS:SVVC) 12-1 Month Momentum % Distribution

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

* The bar in red indicates where Firsthand Technology Value Fund's 12-1 Month Momentum % falls into.



Firsthand Technology Value Fund  (NAS:SVVC) 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.


Firsthand Technology Value Fund  (NAS:SVVC) 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.


Firsthand Technology Value Fund 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Firsthand Technology Value Fund's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Firsthand Technology Value Fund (NAS:SVVC) Business Description

Firsthand Technology Value Fund logo
Traded in Other Exchanges
N/A
Address
150 Almaden Boulevard, Suite 1250, San Jose, CA, USA, 95113
Firsthand Technology Value Fund Inc is an externally managed, non-diversified, closed-end management investment company. The Fund's investment objective is to seek long-term growth of capital, principally by seeking capital gains on its equity and equity-related investments. Its portfolio is primarily composed of equity and equity derivative securities of technology and cleantech companies. Its primary focus is to invest in illiquid private technology and cleantech companies. It may also invest in micro-cap publicly traded companies.
Executives
Landis Kevin M director, officer: President 150 ALMADEN BLVD., SUITE 1250 SAN JOSE CA 95113
Billawala Omar officer: CFO 150 ALMADEN BLVD., SUITE 1250 SAN JOSE CA 95113
Petredis Nicholas P director 150 ALMADEN BLVD., SUITE 1250 SAN JOSE CA 95113
Full Value Offshore Fund, Ltd. 10 percent owner C.O MAPLES CORPORATE SERVICES LIMITED P.O. BOX 309, UGLAND HOUSE GRAND CAYMAN E9 KY1-1104
Opportunity Income Plus Lp 10 percent owner PARK 80 WEST 250 PEHLE AVE., STE 708 SADDLE BROOK NJ 07663
Mcm Opportunity Partners Lp 10 percent owner PARK 80 WEST 250 PEHLE AVE., STE 708 SADDLE BROOK NJ 07663
Full Value Special Situations Fund Lp 10 percent owner PARK 80 WEST 250 PEHLE AVE., STE 708 SADDLE BROOK NJ 07663
Mercury Partners L P 10 percent owner 5650 EL CAMINO REAL SUITE 155 CARLSBAD CA 92008
Opportunity Partners Lp 10 percent owner PARK 80 WEST - PLAZA TWO 250 PEHLE AVE., SUITE 708 SADDLE BROOK NJ 07663
Full Value Partners Lp 10 percent owner PARK 80 WEST 250 PEHLE AVE. SUITE 708 SADDLE BROOK NJ 07663
Steady Gain Partners Lp 10 percent owner 2000 ROYAL COURT UNIT 2315 NORTH HILLS NY 11040
Bulldog Investors General Partnership 10 percent owner PARK 80 WEST, 250 PEHLE AVENUE SUITE 708 SADDLE BROOK NJ 07663
Calapasas West Partners Lp 10 percent owner PARK 80 WEST, 250 PEHLE AVE., STE 708 SADDLE BROOK NJ 07663
Dakos Andrew 10 percent owner 250 PEHLE AVE. SUITE 708 SADDLE BROOK NJ 07663
Samuels Steven 10 percent owner 72 COLEYTOWN ROAD WESTPORT CT 06882
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