China Taifeng Beddings Holdings (China Taifeng Beddings Holdings) 12-1 Month Momentum % : N/A% (As of Jun. 20, 2024)

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What is China Taifeng Beddings Holdings 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 (2024-06-20), China Taifeng Beddings Holdings's 12-1 Month Momentum % is N/A%.

The industry rank for China Taifeng Beddings Holdings's 12-1 Month Momentum % or its related term are showing as below:

CBEDF's 12-1 Month Momentum % is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 3.3
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of China Taifeng Beddings Holdings's 12-1 Month Momentum %

For the Textile Manufacturing subindustry, China Taifeng Beddings Holdings'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.

China Taifeng Beddings Holdings's 12-1 Month Momentum % Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where China Taifeng Beddings Holdings's 12-1 Month Momentum % falls into.

China Taifeng Beddings Holdings (OTCPK:CBEDF) 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.

China Taifeng Beddings Holdings (OTCPK:CBEDF) 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.

China Taifeng Beddings Holdings 12-1 Month Momentum % Related Terms

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China Taifeng Beddings Holdings (China Taifeng Beddings Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China Taifeng Beddings Holdings Ltd (OTCPK:CBEDF) » Definitions » 12-1 Month Momentum %

Traded in Other Exchanges

N/A

Address

Website

http://www.taifeng.cc

China Taifeng Beddings Holdings Ltd along with its subsidiaries is engaged in the manufacturing and distribution of cotton yarns and bedding products in China. The Manufacture and Distribution of Cotton Yarns segment are engaged in the manufacture of cotton yarns tailored to the requirements of customers, as well as the distribution of the cotton yarns to textile manufacturers in domestic and overseas markets. The Manufacture and Distribution of Bedding Products segment are engaged in the manufacture and distribution of bed covers, flat sheets, pillowcases, bed sheets, quilt covers and other bedding products. Its products are sold under TAIFENG brand in China market or sold to overseas original equipment manufacturer customers under their international brands.

China Taifeng Beddings Holdings (China Taifeng Beddings Holdings) Headlines

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