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Altus Holdings (HKSE:08149) 12-1 Month Momentum % : -8.82% (As of May. 12, 2024)


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What is Altus 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 (2024-05-12), Altus Holdings's 12-1 Month Momentum % is -8.82%.

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

HKSE:08149's 12-1 Month Momentum % is ranked worse than
66.78% of 581 companies
in the Conglomerates industry
Industry Median: 3.74 vs HKSE:08149: -8.82

Competitive Comparison of Altus Holdings's 12-1 Month Momentum %

For the Conglomerates subindustry, Altus 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.


Altus Holdings's 12-1 Month Momentum % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Altus Holdings's 12-1 Month Momentum % distribution charts can be found below:

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



Altus Holdings  (HKSE:08149) 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.


Altus Holdings  (HKSE:08149) 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.


Altus Holdings 12-1 Month Momentum % Related Terms

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Altus Holdings (HKSE:08149) Business Description

Traded in Other Exchanges
N/A
Address
21 Wing Wo Street, Central, Hong Kong, HKG
Altus Holdings Ltd is an investment holding company. It operates in two segments namely Advisory and consulting and Proprietary investments. The company generates maximum revenue from the Proprietary investments segment. The Proprietary investments segment includes leasing of investment properties for residential and commercial use and derives rental income therefrom as well as holding of a portfolio of securities for dividend income and aims for capital gain.

Altus Holdings (HKSE:08149) Headlines

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