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Harmonic Drive Systems (STU:K3R) 12-1 Month Momentum % : -32.11% (As of Dec. 13, 2024)


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What is Harmonic Drive Systems 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 (2024-12-13), Harmonic Drive Systems's 12-1 Month Momentum % is -32.11%.

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

STU:K3R's 12-1 Month Momentum % is ranked worse than
88.78% of 2950 companies
in the Industrial Products industry
Industry Median: 2.035 vs STU:K3R: -32.11

Competitive Comparison of Harmonic Drive Systems's 12-1 Month Momentum %

For the Specialty Industrial Machinery subindustry, Harmonic Drive Systems'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.


Harmonic Drive Systems's 12-1 Month Momentum % Distribution in the Industrial Products Industry

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

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



Harmonic Drive Systems  (STU:K3R) 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.


Harmonic Drive Systems  (STU:K3R) 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.


Harmonic Drive Systems 12-1 Month Momentum % Related Terms

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Harmonic Drive Systems Business Description

Traded in Other Exchanges
Address
6-25-3 Minami-Oi, Shinagawa-ku, Tokyo, JPN, 140-0013
Harmonic Drive Systems manufactures and sells high-precision reduction gears (speed reducers) under the Harmonic Drive brand as well as other mechatronics products such as rotary actuators, linear actuators, and AC servo motors. The company also provides planetary-gear speed reducers under the AccuDrive and Harmonic Planetary brands. Its products are used in industrial robots, semiconductor production equipment, and other high-precision equipment. HDS was founded in 1970 and is headquartered in Tokyo.

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