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HKGEF (Hong Kong Economic Times Holdings) 12-1 Month Momentum % : -27.69% (As of Dec. 15, 2024)


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What is Hong Kong Economic Times 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 (2024-12-15), Hong Kong Economic Times Holdings's 12-1 Month Momentum % is -27.69%.

The industry rank for Hong Kong Economic Times Holdings's 12-1 Month Momentum % or its related term are showing as below:

HKGEF's 12-1 Month Momentum % is ranked worse than
55.61% of 1043 companies
in the Media - Diversified industry
Industry Median: -8.31 vs HKGEF: -27.69

Competitive Comparison of Hong Kong Economic Times Holdings's 12-1 Month Momentum %

For the Publishing subindustry, Hong Kong Economic Times 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.


Hong Kong Economic Times Holdings's 12-1 Month Momentum % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hong Kong Economic Times Holdings's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Hong Kong Economic Times Holdings's 12-1 Month Momentum % falls into.



Hong Kong Economic Times Holdings  (OTCPK:HKGEF) 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.


Hong Kong Economic Times Holdings  (OTCPK:HKGEF) 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.


Hong Kong Economic Times Holdings 12-1 Month Momentum % Related Terms

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Hong Kong Economic Times Holdings Business Description

Traded in Other Exchanges
Address
321 Java Road, 6th Floor, Kodak House II, North Point, Hong Kong, HKG
Hong Kong Economic Times Holdings Ltd is an investment holding company. It is engaged in the printing and publishing of newspapers and magazines and the operation of their associated digital businesses; the operation of recruitment advertising and lifestyle platforms; and the provision of electronic financial and property market information services. Its segments are Media segment, majority revenue deriving segment, engaged in the printing and publication of newspapers, magazines and books and the operation of digital platforms, including recruitment, finance and lifestyle; and Financial news agency, information and solutions segment.

Hong Kong Economic Times Holdings Headlines