12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-22), Akoya Biosciences's 12-1 Month Momentum % is -36.24%.
The industry rank for Akoya Biosciences's 12-1 Month Momentum % or its related term are showing as below:
AKYA's 12-1 Month Momentum % is ranked worse than 67.02% of 855
companies
in the Medical Devices & Instruments industry
Industry Median: -20.6
vs AKYA: -36.24
Competitive Comparison of Akoya Biosciences's 12-1 Month Momentum %
For the Medical Instruments & Supplies subindustry, Akoya Biosciences'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.
Akoya Biosciences's 12-1 Month Momentum % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Akoya Biosciences's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Akoya Biosciences's 12-1 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 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.
Akoya Biosciences 12-1 Month Momentum % Related Terms
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Akoya Biosciences (Akoya Biosciences) Business Description
Akoya Biosciences Inc is a life sciences technology company. It is delivering spatial biology solutions focused on transforming discovery and clinical research. The company offers the comprehensive, end-to-end solutions for high-parameter tissue analysis from discovery through clinical and translational research, enabling the development of more precise therapies for immuno-oncology and other drug development applications. The company has its geographical presence in North America, APAC and EMEA. It generates majority of the revenue from North America.
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