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Sun TV Network (BOM:532733) 12-1 Month Momentum % : 50.72% (As of Jun. 23, 2024)


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What is Sun TV Network 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 (2024-06-23), Sun TV Network's 12-1 Month Momentum % is 50.72%.

The industry rank for Sun TV Network's 12-1 Month Momentum % or its related term are showing as below:

BOM:532733's 12-1 Month Momentum % is ranked better than
88.52% of 1045 companies
in the Media - Diversified industry
Industry Median: -10.13 vs BOM:532733: 50.72

Competitive Comparison of Sun TV Network's 12-1 Month Momentum %

For the Broadcasting subindustry, Sun TV Network'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.


Sun TV Network's 12-1 Month Momentum % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sun TV Network's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Sun TV Network's 12-1 Month Momentum % falls into.



Sun TV Network  (BOM:532733) 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.


Sun TV Network  (BOM:532733) 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.


Sun TV Network 12-1 Month Momentum % Related Terms

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Sun TV Network (BOM:532733) Business Description

Traded in Other Exchanges
Address
73, MRC Nagar Main Road, Murasoli Maran Towers, MRC Nagar, Chennai, TN, IND, 600028
Sun TV Network Ltd is a media and entertainment company. The group owns and operates a series of television networks across four languages in the news, music, action, life, movies, kids, and comedy genres. It also airs FM stations in several Indian languages. Its business activities are reported under a single segment being Broadcasting. The company generates revenues from advertising, broadcasting fees, International subscriptions, other subscriptions, movie distribution, and content trading. Geographically, the group is focused on the Indian market with few operations outside India.

Sun TV Network (BOM:532733) Headlines

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