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Befar Group Co (SHSE:601678) 12-1 Month Momentum % : -4.00% (As of Mar. 22, 2025)


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What is Befar Group Co 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 (2025-03-22), Befar Group Co's 12-1 Month Momentum % is -4.00%.

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

SHSE:601678's 12-1 Month Momentum % is ranked worse than
54.39% of 1559 companies
in the Chemicals industry
Industry Median: -2.74 vs SHSE:601678: -4.00

Competitive Comparison of Befar Group Co's 12-1 Month Momentum %

For the Specialty Chemicals subindustry, Befar Group Co'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.


Befar Group Co's 12-1 Month Momentum % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Befar Group Co's 12-1 Month Momentum % distribution charts can be found below:

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



Befar Group Co  (SHSE:601678) 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.


Befar Group Co  (SHSE:601678) 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.


Befar Group Co 12-1 Month Momentum % Related Terms

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Befar Group Co Business Description

Traded in Other Exchanges
N/A
Address
No.869, Huanghe 5th Road, Shandong Province, Binzhou, CHN, 256619
Befar Group Co Ltd is a China-based chemical company. It is engaged in the business of producing, processing and selling organic and inorganic chemical products. The company's product portfolio includes propylene-oxide, food additives, industrial hydrochloric acid, vinyl chloride, polymer polyol, reagent hydrochloric acid, crude oil emulsifier, and other products. Its industrial chain covers petrochemical, salt chemical, fine chemical, thermal power, port warehousing, financing and others. The company's products are sold in China and other international countries.
Executives
Wang Shu Hua Director
Yu Jiang Directors, senior managers
Ren Yuan Bin senior management
Kong Xiang Jin senior management
Liu Hong An senior management
Yan Jin Fu Supervisors
Wang Li Ming Director
Xu Feng Jiu senior management
Yang Zhen Jun senior management
Jin Jian Quan Supervisors
Zhang Zhong Zheng Director
Zhao Hong Xing senior management
Chu Zhao Sheng Director
Shi Qin Ling Director
Liu Bao Gang senior management

Befar Group Co Headlines

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