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Suli Co (SHSE:603585) 6-1 Month Momentum % : 2.49% (As of Oct. 31, 2024)


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What is Suli Co 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 (2024-10-31), Suli Co's 6-1 Month Momentum % is 2.49%.

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

SHSE:603585's 6-1 Month Momentum % is ranked better than
55.39% of 1576 companies
in the Chemicals industry
Industry Median: 0.485 vs SHSE:603585: 2.49

Competitive Comparison of Suli Co's 6-1 Month Momentum %

For the Chemicals subindustry, Suli Co'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.


Suli Co's 6-1 Month Momentum % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Suli Co's 6-1 Month Momentum % distribution charts can be found below:

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



Suli Co  (SHSE:603585) 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.


Suli Co  (SHSE:603585) 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.


Suli Co 6-1 Month Momentum % Related Terms

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Suli Co Business Description

Traded in Other Exchanges
N/A
Address
No.7-1, Runhua Road, Jiangsu Province, Lingang Town, Jiangyin, CHN, 214444
Suli Co Ltd is mainly engaged in research, production and sales of agrochemicals, flame retardants and other fine chemicals. Its main products are agrochemicals like chlorothalonil and azoxystrobin technical with all kinds of formulations, fine chemicals like decabromodiphenyl ethane, hydrogen bromide acid. The company's products are widely used in agricultural production, plastics, building materials and other areas.
Executives
Mou Jin Feng Director
Wang Jing Li Director

Suli Co Headlines

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