NVIDIA (WBO:NVDA) 12-1 Month Momentum %

: 253.85% (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 (2024-04-23), NVIDIA's 12-1 Month Momentum % is 253.85%.

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

WBO:NVDA's 12-1 Month Momentum % is ranked better than
98.11% of 954 companies
in the Semiconductors industry
Industry Median: -4.695 vs WBO:NVDA: 253.85

Competitive Comparison

For the Semiconductors subindustry, NVIDIA'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.

NVIDIA 12-1 Month Momentum % Distribution

For the Semiconductors industry and Technology sector, NVIDIA's 12-1 Month Momentum % distribution charts can be found below:

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

NVIDIA (WBO:NVDA) 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.

NVIDIA (WBO:NVDA) 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.

NVIDIA 12-1 Month Momentum % Related Terms

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NVIDIA (WBO:NVDA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » NVIDIA Corp (WBO:NVDA) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

NVDA:USA NVDA:Peru NVDA:Mexico NVDA_KZ:Kazakhstan NVDA:Italy NVDd:UK 0R1I:UK NVD:Germany NVDA:Canada NVDC34:Brazil NVDA:Argentina

Address

2788 San Tomas Expressway, Santa Clara, CA, USA, 95051

Website

https://www.nvidia.com

Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.