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Vascon Engineers (BOM:533156) 12-1 Month Momentum % : -27.60% (As of Dec. 15, 2024)


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What is Vascon Engineers 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 (2024-12-15), Vascon Engineers's 12-1 Month Momentum % is -27.60%.

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

BOM:533156's 12-1 Month Momentum % is ranked worse than
86.17% of 1786 companies
in the Construction industry
Industry Median: 3.335 vs BOM:533156: -27.60

Competitive Comparison of Vascon Engineers's 12-1 Month Momentum %

For the Engineering & Construction subindustry, Vascon Engineers'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.


Vascon Engineers's 12-1 Month Momentum % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Vascon Engineers's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Vascon Engineers's 12-1 Month Momentum % falls into.



Vascon Engineers  (BOM:533156) 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.


Vascon Engineers  (BOM:533156) 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.


Vascon Engineers 12-1 Month Momentum % Related Terms

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Vascon Engineers Business Description

Traded in Other Exchanges
Address
Pune - Nagar Road, Vascon Weikfield Chambers, Behind Hotel Novotel, Opposite Hyatt Hotel, Pune, MH, IND, 411014
Vascon Engineers Ltd is a construction company that s engaged in the business of Engineering, Procurement and Construction services (EPC) and Real Estate Development. The company has three segment EPC, Real Estate Development and Manufacturing&BMS. EPC segment consist of construction of residential, commercial, industrial and other constructions. Real Estate Development segment consist of development of Residential, Hotel premises, Industrial park etc. Manufacturing&BMS segment consist of manufacturing of clean room partition & Building Management System (BMS). Key revenue is generated from EPC segment.

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