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Golden Century International Holdings Group (HKSE:00091) 12-1 Month Momentum % : N/A% (As of May. 15, 2024)


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What is Golden Century International Holdings 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 (2024-05-15), Golden Century International Holdings Group's 12-1 Month Momentum % is N/A%.

The industry rank for Golden Century International Holdings Group's 12-1 Month Momentum % or its related term are showing as below:

HKSE:00091's 12-1 Month Momentum % is not ranked *
in the Hardware industry.
Industry Median: -2.43
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of Golden Century International Holdings Group's 12-1 Month Momentum %

For the Electronics & Computer Distribution subindustry, Golden Century International Holdings 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.


Golden Century International Holdings Group's 12-1 Month Momentum % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Golden Century International Holdings Group's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Golden Century International Holdings Group's 12-1 Month Momentum % falls into.



Golden Century International Holdings Group  (HKSE:00091) 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.


Golden Century International Holdings Group  (HKSE:00091) 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.


Golden Century International Holdings Group 12-1 Month Momentum % Related Terms

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Golden Century International Holdings Group (HKSE:00091) Business Description

Traded in Other Exchanges
N/A
Address
535 Jaffe Road, Tower 535, Room 12005, 12th floor, Causeway Bay, HKG
Golden Century International Holdings Group Ltd is an investment holding company. The company's operating segment includes Electronic components, Coalbed methane, Financial business, Wealth Management, Proprietary investment, and Comprehensive healthcare. The Financial business covers securities brokerage, money lending, consultancy, and referral service. Comprehensive healthcare involves the sales of melt-blown fabrics and related equipment and raw material. Its geographical segments are Hong Kong and the PRC, from which a majority of its revenue comes from the PRC.

Golden Century International Holdings Group (HKSE:00091) Headlines

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