What is Corvus Pharmaceuticals 6-1 Month Momentum %?
6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-15), Corvus Pharmaceuticals's 6-1 Month Momentum % is 3.38%.
The industry rank for Corvus Pharmaceuticals's 6-1 Month Momentum % or its related term are showing as below:
CRVS's 6-1 Month Momentum % is ranked better than 60.67% of 1528
companies
in the Biotechnology industry
Industry Median: 1.45
vs CRVS: 3.38
Competitive Comparison of Corvus Pharmaceuticals's 6-1 Month Momentum %
For the Biotechnology subindustry, Corvus Pharmaceuticals's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.
Corvus Pharmaceuticals's 6-1 Month Momentum % Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Corvus Pharmaceuticals's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Corvus Pharmaceuticals's 6-1 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 6-1 Month Momentum % measures the total return to a stock over the past six 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.
Corvus Pharmaceuticals 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Corvus Pharmaceuticals's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Corvus Pharmaceuticals (Corvus Pharmaceuticals) Business Description
Corvus Pharmaceuticals Inc is a clinical-stage biopharmaceutical engaged in developing drugs and antibodies that target the most critical cellular elements of the immune system. It focuses on the development of immune modulator product candidates to treat COVID-19, T-cell lymphomas, other cancers and autoimmune diseases. The company's lead product candidate is CPI-006 which is a potent humanized monoclonal antibody that is designed to react with a specific site on CD73. Its other product candidates are CPI-818, CPI-935, CPI-182 and Ciforadenant.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CRVS has been successfully added to your