China National Culture Group (HKSE:00745) 12-1 Month Momentum % : -57.78% (As of Jun. 20, 2024)

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What is China National Culture Group 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 National Culture Group's 12-1 Month Momentum % is -57.78%.

The industry rank for China National Culture Group's 12-1 Month Momentum % or its related term are showing as below:

HKSE:00745's 12-1 Month Momentum % is ranked worse than
91.93% of 1041 companies
in the Media - Diversified industry
Industry Median: -11.04 vs HKSE:00745: -57.78

Competitive Comparison of China National Culture Group's 12-1 Month Momentum %

For the Advertising Agencies subindustry, China National Culture Group'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 National Culture Group's 12-1 Month Momentum % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China National Culture Group's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where China National Culture Group's 12-1 Month Momentum % falls into.

China National Culture Group (HKSE:00745) 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 National Culture Group (HKSE:00745) 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 National Culture Group 12-1 Month Momentum % Related Terms

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China National Culture Group (HKSE:00745) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » China National Culture Group Ltd (HKSE:00745) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

95 Queensway, Unit A, 29th FLoor, United Centre, Admiralty, Hong Kong, HKG

Website

http://www.cncg-media.com

China National Culture Group Ltd is a Hong Kong-based investment holding company engaged in advertising media services, e-commerce, film production, and distribution business. The company mainly operates through three segments. The Advertising segment is engaged in the provision of value-added services through mobile devices. The Movie segment is engaged in the production and distribution of films and the provision of other film-related services. The E-commerce segment is engaged in the sales of products on the Internet. The Advertising segment contributes to the majority of the business. Geographically, the company operates in Hong Kong, and China, of which key revenue is generated from China.

China National Culture Group (HKSE:00745) Headlines

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