OTP Bank (OTP Bank) 12-1 Month Momentum % : N/A% (As of May. 04, 2024)

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What is OTP Bank 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 (2024-05-04), OTP Bank's 12-1 Month Momentum % is N/A%.

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

OTPGF's 12-1 Month Momentum % is not ranked ^*
in the Banks industry.
Industry Median: 11.28
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of OTP Bank's 12-1 Month Momentum %

For the Banks - Regional subindustry, OTP Bank'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.

OTP Bank's 12-1 Month Momentum % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, OTP Bank's 12-1 Month Momentum % distribution charts can be found below:

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

OTP Bank (OTCPK:OTPGF) 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.

OTP Bank (OTCPK:OTPGF) 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.

OTP Bank 12-1 Month Momentum % Related Terms

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OTP Bank (OTP Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » OTP Bank PLC (OTCPK:OTPGF) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

OTPBF:USA OTP:Hungary 0M69:UK OTP:Germany

Address

16, Nador Street, Budapest, HUN, 1051

Website

https://www.otpbank.hu

OTP Bank PLC provides universal financial services through several subsidiaries. It performs banking operations via its bank in Hungary. The Group's operating segments are as follows: OTP Core Hungary, Russia, Ukraine, Bulgaria, Romania, Serbia, Croatia, Montenegro, Albania, Moldova, Slovenia, Merkantil Group, Asset Management subsidiaries, other subsidiaries, Corporate Centre. The Bank provides comprehensive banking & other financial services to both retail & corporate customers: its activities include deposit collection from customers, raising money from the money & capital markets; It also offers mortgage loans, consumer credits, working capital & investment loans to companies, and municipalities. A majority of the bank's net revenue is net interest income.