6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-30), Semler Scientific's 6-1 Month Momentum % is 5.60%.
The industry rank for Semler Scientific's 6-1 Month Momentum % or its related term are showing as below:
SMLR's 6-1 Month Momentum % is ranked better than 57.21% of 867
companies
in the Medical Devices & Instruments industry
Industry Median: 0.7
vs SMLR: 5.60
Competitive Comparison of Semler Scientific's 6-1 Month Momentum %
For the Medical Devices subindustry, Semler Scientific'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.
Semler Scientific's 6-1 Month Momentum % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Semler Scientific's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Semler Scientific'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.
Semler Scientific 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Semler Scientific's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Semler Scientific (Semler Scientific) Business Description
Semler Scientific Inc is a US-based company that is engaged in providing technology solutions to improve the clinical effectiveness and efficiency of healthcare providers. It focuses on developing, manufacturing, and marketing proprietary products and services that assist customers, including insurance plans, physicians, and risk assessment groups, in evaluating and treating chronic diseases. The company markets its vascular-testing product under the QuantaFlo brand, which is a four-minute in-office blood flow test.
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