PT Diamond Food Indonesia Tbk (ISX:DMND) 12-1 Month Momentum % : -8.07% (As of Jun. 12, 2024)

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What is PT Diamond Food Indonesia Tbk 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 (2024-06-12), PT Diamond Food Indonesia Tbk's 12-1 Month Momentum % is -8.07%.

The industry rank for PT Diamond Food Indonesia Tbk's 12-1 Month Momentum % or its related term are showing as below:

ISX:DMND's 12-1 Month Momentum % is ranked worse than
60.95% of 1977 companies
in the Consumer Packaged Goods industry
Industry Median: -1.34 vs ISX:DMND: -8.07

Competitive Comparison of PT Diamond Food Indonesia Tbk's 12-1 Month Momentum %

For the Packaged Foods subindustry, PT Diamond Food Indonesia Tbk'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.

PT Diamond Food Indonesia Tbk's 12-1 Month Momentum % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Diamond Food Indonesia Tbk's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where PT Diamond Food Indonesia Tbk's 12-1 Month Momentum % falls into.

PT Diamond Food Indonesia Tbk (ISX:DMND) 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.

PT Diamond Food Indonesia Tbk (ISX:DMND) 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.

PT Diamond Food Indonesia Tbk 12-1 Month Momentum % Related Terms

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PT Diamond Food Indonesia Tbk (ISX:DMND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Diamond Food Indonesia Tbk (ISX:DMND) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan KH Mas Mansyur Kav, 126TCC Batavia Tower One, 15th Floor, Unit 03 and 05, TCC Batavia Tower One, Jakarta Pusat, Jakarta, IDN, 10220

Website

https://www.diamondfoodindonesia.com

PT Diamond Food Indonesia Tbk is engaged in the manufacturing and distribution of consumer goods. Its products include dairy, confectionery, meats and seafood, bakery, groceries as well as fruits and vegetables. The company categorizes its business into two segments that are branded products and non-branded products, out of which the majority of the revenue is generated from branded products. Some of the company's brands include Biggy, Biokul, Diamond Juice, Popeye, and Magic. It also collaborates with international brands and distributes its products. Geographically the company generates the majority of revenue in Indonesia and also exports internationally.