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Software Effective Solutions (Software Effective Solutions) 12-1 Month Momentum % : -4.76% (As of May. 25, 2024)


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What is Software Effective Solutions 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 (2024-05-25), Software Effective Solutions's 12-1 Month Momentum % is -4.76%.

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

SFWJ's 12-1 Month Momentum % is not ranked
in the Drug Manufacturers industry.
Industry Median: -9.09 vs SFWJ: -4.76

Competitive Comparison of Software Effective Solutions's 12-1 Month Momentum %

For the Drug Manufacturers - Specialty & Generic subindustry, Software Effective Solutions'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.


Software Effective Solutions's 12-1 Month Momentum % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Software Effective Solutions's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Software Effective Solutions's 12-1 Month Momentum % falls into.



Software Effective Solutions  (OTCPK:SFWJ) 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.


Software Effective Solutions  (OTCPK:SFWJ) 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.


Software Effective Solutions 12-1 Month Momentum % Related Terms

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Software Effective Solutions (Software Effective Solutions) Business Description

Traded in Other Exchanges
N/A
Address
1100 Poydras Street, Suite 2900, New Orleans, LA, USA, 70163
Software Effective Solutions Corp operates through its subsidiary MedCana inc, which is a global infrastructure and service provider to the pharmaceutical cannabis industry. The mission is to provide premium pharmaceutical-grade CBD oil with absolute integrity, sustainability, and social responsibility. The company is focused on developing globally accessible products through software, hardware, greenhouse, irrigation, and extraction technology. The company also has strategic partnerships to develop the highest quality, globally certified pharmaceutical-grade extracts.

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