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Tingo (TMNA) 6-1 Month Momentum % : -99.85% (As of Apr. 29, 2024)


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What is Tingo 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 (2024-04-29), Tingo's 6-1 Month Momentum % is -99.85%.

The industry rank for Tingo's 6-1 Month Momentum % or its related term are showing as below:

TMNA's 6-1 Month Momentum % is ranked worse than
99.96% of 2794 companies
in the Software industry
Industry Median: 7.23 vs TMNA: -99.85

Competitive Comparison of Tingo's 6-1 Month Momentum %

For the Software - Infrastructure subindustry, Tingo'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.


Tingo's 6-1 Month Momentum % Distribution in the Software Industry

For the Software industry and Technology sector, Tingo's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Tingo's 6-1 Month Momentum % falls into.



Tingo  (OTCPK:TMNA) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-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.


Tingo  (OTCPK:TMNA) 6-1 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 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.


Tingo 6-1 Month Momentum % Related Terms

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Tingo (TMNA) Business Description

Traded in Other Exchanges
N/A
Address
11650 South State Street, Suite 240, Draper, UT, USA, 84020
Tingo Inc is an Agri-Fintech company offering a comprehensive platform service through the use of smartphones (using GSM technology) to empower a marketplace to enable subscribers/farmers within and outside of the agricultural sector to manage their commercial activities. The ecosystem provides a 'one-stop-shop solution to enable such subscribers to manage everything from airtime top-ups, bill pay services for utilities and other service providers, access to insurance services, and microfinance to support their value chain from 'seed to sale'.
Executives
Dozy Mmobousi director, 10 percent owner, officer: CEO BRICKFIELD, RADLETT X0 WD7 8BS
Christophe Charlier director 7F 77/2 AL-FARABI AVENUE, ALMATY 1P 050040
Rory Bowen officer: Chief of Staff APARTMENT 19, 2 OFFENHAM ROAD, LONDON X0 SW9 7BN
Daksheshkumar B Patel director, officer: CFO APARTMENT 205, THE EMPEROR, 8 WEST ROAD SOUTH, SANDTON, JOHANNESBURG T3 2196
Leslie Nabanya Kasumba director 199 SIBAYA SANDS 9 THE STRAIGHT AVENUE, PINESLOPES, LONEHILL, SANDTON, JOHANNESBURG T3 2191
Kenneth I Denos officer: EVP, Genl Counsel & Secy 10757 SOUTH RIVER FRONT PARKWAY, SUITE 125, SOUTH JORDAN UT 84095
Onyekachi Elochukwu Onubogu director 14 A DASILVA ROAD, LAGOS Q5 101222
Christopher John Cleverly director, officer: President 60 THE GREEN, POULSHOT DEVICES X0 5N101RT
Derrick Randall-emeka director 21 MILESPIT HILL, MILL HILL X0 NW7 2PJ
Adewale Adebayo director 1004 ESTATE, CLUSTAR D1 APARTMENT 116, VICTORIA ISLAND / LAGOS Q5 101241
Alex Lightman director 3470 ONLEY-LAYTONSVILLE ROAD, SUITE 118, OLNEY MD 20832
John J Brown director 1450 BOOT RD BLDG 400, ROM TECH INC, WEST CHESTER PA 19380
Zoliwe Macanda-simbodyal director 29 WOOLCOMBES COURT, LONDON X0 SE16 5RQ
Gurjinder Johal director 301 EAST 21ST, #13B, NEW YORK NY 10010
Tingo, Inc. 10 percent owner 11650 SOUTH STATE STREET, SUITE 240, DRAPER UT 84020