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Seach Medical Group (XTAE:SEMG) 12-1 Month Momentum % : -6.10% (As of May. 12, 2024)


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What is Seach Medical Group 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 (2024-05-12), Seach Medical Group's 12-1 Month Momentum % is -6.10%.

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

XTAE:SEMG's 12-1 Month Momentum % is not ranked
in the Drug Manufacturers industry.
Industry Median: -6.39 vs XTAE:SEMG: -6.10

Competitive Comparison of Seach Medical Group's 12-1 Month Momentum %

For the Drug Manufacturers - Specialty & Generic subindustry, Seach Medical Group'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.


Seach Medical Group's 12-1 Month Momentum % Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Seach Medical Group's 12-1 Month Momentum % falls into.



Seach Medical Group  (XTAE:SEMG) 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.


Seach Medical Group  (XTAE:SEMG) 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.


Seach Medical Group 12-1 Month Momentum % Related Terms

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Seach Medical Group (XTAE:SEMG) Business Description

Traded in Other Exchanges
N/A
Address
Sharf 23, PO Box 1074, Hod Hasharon, ISR, 45110
Seach Medical Group Ltd is engaged in growing medical cannabis strains. The medical cannabis, in its various forms, is supplied to patients with a medical marijuana. It offers a variety of strains and products suitable to all clients. The company develop new strains and products that are customized to respond to the needs of patients and doctors. The company operates at both ends of the value chain, on the one hand, propagation and cultivation of cannabis medical, and on the other hand, the distribution and sale of final products to end customers, and at the same time actively exports its products.

Seach Medical Group (XTAE:SEMG) Headlines

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