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Yarn Syndicate (BOM:890197) 12-1 Month Momentum % : N/A% (As of Dec. 15, 2024)


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What is Yarn Syndicate 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), Yarn Syndicate's 12-1 Month Momentum % is N/A%.

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

BOM:890197's 12-1 Month Momentum % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: -1.4
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of Yarn Syndicate's 12-1 Month Momentum %

For the Textile Manufacturing subindustry, Yarn Syndicate'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.


Yarn Syndicate's 12-1 Month Momentum % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yarn Syndicate's 12-1 Month Momentum % distribution charts can be found below:

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



Yarn Syndicate  (BOM:890197) 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.


Yarn Syndicate  (BOM:890197) 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.


Yarn Syndicate 12-1 Month Momentum % Related Terms

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Yarn Syndicate Business Description

Comparable Companies
Traded in Other Exchanges
Address
GH-0 Circle, Shop No 128, Supermall-2, Infocity, Gandhinagar, GJ, IND, 382007
Yarn Syndicate Ltd is engaged in the manufacturing, trading, and export of yarn. The company offers various products such as Cotton yarn, Synthetic yarn, Blended yarn, Melange and Heathers yarn, Knitted, Woven Fabrics, and others. The Company operates in a single Segment namely Garments and Apparels.

Yarn Syndicate Headlines

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