What is Richardson Electronics 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 (2024-04-27), Richardson Electronics's 12-1 Month Momentum % is -40.83%.
The industry rank for Richardson Electronics's 12-1 Month Momentum % or its related term are showing as below:
RELL's 12-1 Month Momentum % is ranked worse than 89.31% of 2432
companies
in the Hardware industry
Industry Median: -0.56
vs RELL: -40.83
Competitive Comparison of Richardson Electronics's 12-1 Month Momentum %
For the Electronic Components subindustry, Richardson Electronics'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.
Richardson Electronics's 12-1 Month Momentum % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Richardson Electronics's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Richardson Electronics'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.
Richardson Electronics 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Richardson Electronics's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Richardson Electronics (Richardson Electronics) Business Description
Richardson Electronics Ltd provides engineered solutions, power grid, and microwave tubes and related consumables, power conversion, RF and microwave components, high-value flat panel detector solutions, replacement parts, tubes, and service training for diagnostic imaging equipment and customized display solutions. Its products have applications in alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company segments include PMT (Power and Microwave Technologies Group), Canvys, (Green Energy Solutions) GES, and Healthcare reportable segments. The company derives the majority of its revenues from the PMT segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
RELL has been successfully added to your