Xoom (FRA:XOM) 6-1 Month Momentum % : N/A% (As of Nov. 29, 2024)

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What is Xoom 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-11-29), Xoom's 6-1 Month Momentum % is N/A%.

The industry rank for Xoom's 6-1 Month Momentum % or its related term are showing as below:

FRA:XOM's 6-1 Month Momentum % is not ranked ^*
in the Credit Services industry.
Industry Median: 1.87
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Xoom's 6-1 Month Momentum %

For the Credit Services subindustry, Xoom's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.

Xoom's 6-1 Month Momentum % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Xoom's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Xoom's 6-1 Month Momentum % falls into.

Xoom (FRA:XOM) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-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.

Xoom (FRA:XOM) 6-1 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 6-1 Month Momentum % measures the total return to a stock over the past six 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.

Xoom 6-1 Month Momentum % Related Terms

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Xoom Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Xoom Corp (FRA:XOM) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.xoom.com

Xoom Corp was formed on June 15, 2001 and is backed by Sequoia Capital, New Enterprise Associates, SVB Capital and Fidelity Ventures. The company is an online consumer-to-consumer money transfer company based in San Francisco. It provides consumer remittance services in close to 30 countries. The company's customers use its website to send money to friends and families in these countries. Its offerings include bank deposit services, cash pickup service, as well as home delivery services. It also provides money transfer services to banks, money transfer companies, and retailers, banks in Asia, Europe, and Latin America, among others. It generates revenues from transaction fees charged to customers and foreign exchange spreads on transactions where the payout currency is other than U.S. dollars.