12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-01), Catheter Precision's 12-1 Month Momentum % is -62.33%.
The industry rank for Catheter Precision's 12-1 Month Momentum % or its related term are showing as below:
VTAK's 12-1 Month Momentum % is ranked worse than 88.28% of 853
companies
in the Medical Devices & Instruments industry
Industry Median: -17.12
vs VTAK: -62.33
Competitive Comparison of Catheter Precision's 12-1 Month Momentum %
For the Medical Devices subindustry, Catheter Precision'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.
Catheter Precision's 12-1 Month Momentum % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Catheter Precision's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Catheter Precision'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.
Catheter Precision 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Catheter Precision's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Catheter Precision (Catheter Precision) Business Description
Catheter Precision Inc Formerly Ra Medical Systems Inc is a commercial-stage medical device company whose business comprises of the design, manufacture and sale of new medical technologies in the field of cardiac electrophysiology, or EP. Its product, View into Ventricular Onset System or VIVO System which is a non invasive imaging system that offers 3D cardiac mapping to help with localizing the sites of idiopathic ventricular arrhythmias in patients with structurally normal hearts prior to EP procedures. . It operates business as one segment which includes all activities related to the marketing, sales and development of medical technologies in the field of cardiac EP.
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