NextMart (NextMart) 6-1 Month Momentum % : -66.67% (As of May. 26, 2024)

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What is NextMart 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 (2024-05-26), NextMart's 6-1 Month Momentum % is -66.67%.

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

NXMR's 6-1 Month Momentum % is not ranked
in the Oil & Gas industry.
Industry Median: 3.125 vs NXMR: -66.67

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

For the Oil & Gas Equipment & Services subindustry, NextMart'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.

NextMart's 6-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NextMart's 6-1 Month Momentum % distribution charts can be found below:

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

NextMart (OTCPK:NXMR) 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.

NextMart (OTCPK:NXMR) 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.

NextMart 6-1 Month Momentum % Related Terms

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NextMart (NextMart) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NextMart Inc (OTCPK:NXMR) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4602 West Pierce Street, Carlsbad, NM, USA, 88220

Website

https://www.nextmartcorporation.com

NextMart Inc is engaged in an oilfield service business. The company services include salt water and freshwater hauling, hydrovac services, pressure control and flowback, solids control, drilling cuttings removal and disposal, oilfield construction, tank/pit cleaning, rig and tank steam cleaning, hotshot delivery, winch truck heavy hauling, and frac tank rentals.

Executives

Zhibin Huai	director	ORIENTAL PLAZA, 1 EAST CHANG'AN AVE, DONGCHENGDISTRICT BEIJING F4 100738
Zexie Peng	director	ORIENTAL PLAZA, 1 EAST CHANG'AN AVE, DONGCHENGDISTRICT BEIJING F4 100738
Beijing Hua Hui Hengye Investement Ltd.	10 percent owner	PINE VALLEY CENTER, 11TH FLOOR, 8 JIANGGUO MEN OUTER STREET, BEIJING J0 100022
Hui Meng Lui	director, 10 percent owner, officer: Chairman	PINE VALLEY CENTER, 11TH FLOOR 8 JIANGGUO MEN OUTER STREET BEIJING J0 100022
Carla Zhou	director	ORIENTAL PLAZA, 1 EAST CHANG'AN AVE,, DONGCHENGDISTRICT, BEIJING F4 100738
Redrock Capital Venture Ltd.	10 percent owner	ORIENTAL PLAZA BLDG W3 12TH FL, EAST CHANG'AN AVE DONGCHENG DISTRICT, BEIJING F4 100738
Huiliang Ren	director	1120 AVENUE OF THE AMERICAS FOURTH FLOOR NEW YORK NY 10036
Zhaobin Chen	director	1120 AVENUE OF THE AMERICAS FOURTH FLOOR NEW YORK NY 10036
Sun Media Investment Holdings Ltd	10 percent owner	22/F., SINO FAVOUR CENTRE 1 ON YIP STREET, CHAI WAN HONG KONG K3 000
Bruno Zheng Wu	director, 10 percent owner	EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 102423
Lan Yang	10 percent owner	22/F SINO FAVOUR CENTRE, 1 ON YIP STREET, CHAI WAN, HONG KONG K3 000
Walter T Beach	director	409 SILVERSIDE ROAD, WILMINGTON DE 19809
Thomas A Schuler	officer: Chief Financial Officer	BRAUN CONSULTING 20 W KINZIE STREET SUITE 1600 CHICAGO IL 60610
Frank Zhao	officer: Chief Financial Officer	22/FL SINO FAVOUR CENTRE 1 ON YIP STREET, CHAI WAN HONG KONG K3 000
Ang Gee Hing Ricky	director, officer: CEO and Director	22/FL SINO FAVOUR CENTRE 1 ON YIP STREET, CHAI WAN HONG KONG K3 000