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Integrated Holding Co (KUW:INTEGRATED) 12-1 Month Momentum % : 31.58% (As of May. 14, 2024)


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What is Integrated Holding Co 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 (2024-05-14), Integrated Holding Co's 12-1 Month Momentum % is 31.58%.

The industry rank for Integrated Holding Co's 12-1 Month Momentum % or its related term are showing as below:

KUW:INTEGRATED's 12-1 Month Momentum % is ranked better than
78.68% of 1060 companies
in the Business Services industry
Industry Median: 1.215 vs KUW:INTEGRATED: 31.58

Competitive Comparison of Integrated Holding Co's 12-1 Month Momentum %

For the Rental & Leasing Services subindustry, Integrated Holding Co'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.


Integrated Holding Co's 12-1 Month Momentum % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Integrated Holding Co's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Integrated Holding Co's 12-1 Month Momentum % falls into.



Integrated Holding Co  (KUW:INTEGRATED) 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.


Integrated Holding Co  (KUW:INTEGRATED) 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.


Integrated Holding Co 12-1 Month Momentum % Related Terms

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Integrated Holding Co (KUW:INTEGRATED) Business Description

Traded in Other Exchanges
N/A
Address
Block 6, Building 7, Office 1, Post Box 750, Dasman, East Ahmadi, Ahmadi, KWT, 15458
Integrated Holding Co is an investment management company that invests in Logistics Solutions, Equipment Hiring and Leasing, Heavy Lift Services, Acquiring industrial property rights including patents, trademarks, industrial marks or industrial drawings, or other rights related thereto, and lease the same to other companies for use inside or outside Kuwait with operations spread across the entire Region. The services offered by the company include Alternative Lift Services, Equipment Hire and Lease, Heavy Lifting Services, Rig Move Services, and Transportation.

Integrated Holding Co (KUW:INTEGRATED) Headlines

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