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HSHIF (Hoshizaki) 12-1 Month Momentum % : 0.52% (As of Dec. 14, 2024)


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What is Hoshizaki 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 (2024-12-14), Hoshizaki's 12-1 Month Momentum % is 0.52%.

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

HSHIF's 12-1 Month Momentum % is ranked better than
64.15% of 2951 companies
in the Industrial Products industry
Industry Median: 0.78 vs HSHIF: 0.52

Competitive Comparison of Hoshizaki's 12-1 Month Momentum %

For the Specialty Industrial Machinery subindustry, Hoshizaki'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.


Hoshizaki's 12-1 Month Momentum % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hoshizaki's 12-1 Month Momentum % distribution charts can be found below:

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



Hoshizaki  (OTCPK:HSHIF) 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.


Hoshizaki  (OTCPK:HSHIF) 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.


Hoshizaki 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Hoshizaki's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hoshizaki Business Description

Traded in Other Exchanges
Address
South Building 3-16 Sakae-cho, Aichi, JPN, 470-1194
Hoshizaki Corporation manufactures/sells commercial food service equipment globally. The company's main products include refrigerators, ice machines, dishwashers, beer dispensers, and hygiene control equipment. Its products are used in mainly restaurants, supermarkets, cafeterias, and the agro-fishery industry. The company was formerly known as Hoshizaki Electric Co., Ltd. and changed its name to Hoshizaki Corporation in July 2016. Hoshizaki Corporation was founded in 1947 and its headquarters are in Toyoake (Aichi prefecture), Japan.

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