GoldMoney (GoldMoney) 12-1 Month Momentum % : -19.37% (As of May. 01, 2024)

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What is GoldMoney 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 (2024-05-01), GoldMoney's 12-1 Month Momentum % is -19.37%.

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

XAUMF's 12-1 Month Momentum % is ranked worse than
80.5% of 805 companies
in the Capital Markets industry
Industry Median: 14.39 vs XAUMF: -19.37

Competitive Comparison of GoldMoney's 12-1 Month Momentum %

For the Capital Markets subindustry, GoldMoney'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.

GoldMoney's 12-1 Month Momentum % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GoldMoney's 12-1 Month Momentum % distribution charts can be found below:

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

GoldMoney (OTCPK:XAUMF) 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.

GoldMoney (OTCPK:XAUMF) 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.

GoldMoney 12-1 Month Momentum % Related Terms

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GoldMoney (GoldMoney) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GoldMoney Inc (OTCPK:XAUMF) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

9BT0:Germany XAU:Canada

Address

334 Adelaide Street West, Suite 307, Toronto, ON, CAN, M5V 1R4

Website

https://www.goldmoney.com

GoldMoney Inc is engaged in precious metal focused global business. It operates through subsidiaries and is engaged in precious metal sales to its clients, including arranging delivery and storage of precious metals for its clients, coin retailing, and lending. Goldmoney has a client base in more than a hundred countries and holds precious metal assets. The company's operating subsidiaries include Goldmoney.com and SchiffGold.com. In addition to the company's principal business segments, the company holds a significant interest in Mene Inc., which crafts pure 24-karat gold and platinum investment jewelry that is sold by gram weight. Through these businesses and other investment activities, the firm gains long-term exposure to precious metals.