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RoboTechnik Intelligent Technology Co (SZSE:300757) 12-1 Month Momentum % : 281.49% (As of Dec. 12, 2024)


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What is RoboTechnik Intelligent Technology 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 (2024-12-12), RoboTechnik Intelligent Technology Co's 12-1 Month Momentum % is 281.49%.

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

SZSE:300757's 12-1 Month Momentum % is ranked better than
99.12% of 2950 companies
in the Industrial Products industry
Industry Median: 1.995 vs SZSE:300757: 281.49

Competitive Comparison of RoboTechnik Intelligent Technology Co's 12-1 Month Momentum %

For the Specialty Industrial Machinery subindustry, RoboTechnik Intelligent Technology 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.


RoboTechnik Intelligent Technology Co's 12-1 Month Momentum % Distribution in the Industrial Products Industry

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

* The bar in red indicates where RoboTechnik Intelligent Technology Co's 12-1 Month Momentum % falls into.



RoboTechnik Intelligent Technology Co  (SZSE:300757) 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.


RoboTechnik Intelligent Technology Co  (SZSE:300757) 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.


RoboTechnik Intelligent Technology Co 12-1 Month Momentum % Related Terms

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RoboTechnik Intelligent Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Weiting Ganglang Road, Suzhou Industrial Park, Jiangsu Province, Shanghai, CHN, 215122
RoboTechnik Intelligent Technology Co Ltd is a provider of smart manufactory solutions. Its focus is on developing, designing and manufacturing high-speed automated solutions to meet customer's specific requirements. The company offers smart manufactory solutions for Clean Energy, Electronics and Semi-Conductor, Automotive, as well as Food and Pharmaceutical industry segments, including intelligent production equipments, intelligent Storage System, and intelligent Material Transferring System.

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