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Coxon Precise Industrial Co (TPE:3607) 12-1 Month Momentum % : 13.29% (As of Jun. 15, 2024)


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What is Coxon Precise Industrial 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 (2024-06-15), Coxon Precise Industrial Co's 12-1 Month Momentum % is 13.29%.

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

TPE:3607's 12-1 Month Momentum % is ranked better than
64.71% of 408 companies
in the Packaging & Containers industry
Industry Median: -0.035 vs TPE:3607: 13.29

Competitive Comparison of Coxon Precise Industrial Co's 12-1 Month Momentum %

For the Packaging & Containers subindustry, Coxon Precise Industrial 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.


Coxon Precise Industrial Co's 12-1 Month Momentum % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Coxon Precise Industrial Co's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Coxon Precise Industrial Co's 12-1 Month Momentum % falls into.



Coxon Precise Industrial Co  (TPE:3607) 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.


Coxon Precise Industrial Co  (TPE:3607) 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.


Coxon Precise Industrial Co 12-1 Month Momentum % Related Terms

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Coxon Precise Industrial Co (TPE:3607) Business Description

Traded in Other Exchanges
N/A
Address
No. 48, Lane 1274, Zhongzheng Road, Zhongli District, Taoyuan City, TWN, 320
Coxon Precise Industrial Co Ltd is engaged in the plastic molding and electronic industry. Its business scope includes manufacturing industrial plastic products, mold, cable and wireless communications equipment and apparatus, electronic components, optical instruments, electrical and electronic appliances, as well as motor vehicles and parts. The other activities are retail of electronic, automobile, and motorcycles parts; and international trade. The business is carried out in Asia, Europe, and America. Its plastic components are applied in the manufacture of mobile phone cases, notebook (NB) computers, digital cameras, game consoles, and headset shells. Its geographical segment comprises Taiwan and South China, South China, Shanghai, Changshu, and others.

Coxon Precise Industrial Co (TPE:3607) Headlines

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