GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fujian Star-Net Communication Co Ltd (SZSE:002396) » Definitions » 12-1 Month Momentum %

Fujian Star-Net Communication Co (SZSE:002396) 12-1 Month Momentum % : 34.02% (As of Mar. 17, 2025)


View and export this data going back to 2010. Start your Free Trial

What is Fujian Star-Net Communication 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 (2025-03-17), Fujian Star-Net Communication Co's 12-1 Month Momentum % is 34.02%.

The industry rank for Fujian Star-Net Communication Co's 12-1 Month Momentum % or its related term are showing as below:

SZSE:002396's 12-1 Month Momentum % is ranked better than
75.42% of 2437 companies
in the Hardware industry
Industry Median: 1.88 vs SZSE:002396: 34.02

Competitive Comparison of Fujian Star-Net Communication Co's 12-1 Month Momentum %

For the Communication Equipment subindustry, Fujian Star-Net Communication 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.


Fujian Star-Net Communication Co's 12-1 Month Momentum % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fujian Star-Net Communication Co's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Fujian Star-Net Communication Co's 12-1 Month Momentum % falls into.



Fujian Star-Net Communication Co  (SZSE:002396) 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.


Fujian Star-Net Communication Co  (SZSE:002396) 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.


Fujian Star-Net Communication Co 12-1 Month Momentum % Related Terms

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


Fujian Star-Net Communication Co Business Description

Traded in Other Exchanges
N/A
Address
No. 618 Jinshan Avenue, Building 19-22, Ruijie Science and Technology Park, Juyuanzhou Star Network, Cangshan District, Fujian, Fuzhou City, CHN, 350002
Fujian Star-Net Communication Co Ltd is a China-based company operates in the terminals and video application systems. It serves in the fields of network communication, switches, cloud computing, payment terminals, desktop clouds, wireless and broadband access, and video information applications. The company serves approximately 100 countries worldwide. Its product portfolio includes smart network, smart cloud, and smart finance.
Executives
Liu Zhong Dong Executives
Zheng Hong Executives
Tian Zhong Min Supervisors
Huang Song En Director
Wei Shu Song Director
Huang Yi Hao Director

Fujian Star-Net Communication Co Headlines

No Headlines