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Fudo Tetra (TSE:1813) 12-1 Month Momentum % : 22.09% (As of May. 25, 2024)


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What is Fudo Tetra 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 (2024-05-25), Fudo Tetra's 12-1 Month Momentum % is 22.09%.

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

TSE:1813's 12-1 Month Momentum % is ranked better than
63.94% of 1772 companies
in the Construction industry
Industry Median: 5.905 vs TSE:1813: 22.09

Competitive Comparison of Fudo Tetra's 12-1 Month Momentum %

For the Engineering & Construction subindustry, Fudo Tetra'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.


Fudo Tetra's 12-1 Month Momentum % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fudo Tetra's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Fudo Tetra's 12-1 Month Momentum % falls into.



Fudo Tetra  (TSE:1813) 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.


Fudo Tetra  (TSE:1813) 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.


Fudo Tetra 12-1 Month Momentum % Related Terms

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Fudo Tetra (TSE:1813) Business Description

Traded in Other Exchanges
N/A
Address
7-2, Nihonbashi-koami-cho, 11th Floor, Pentel Building, Chuo-ku, Tokyo, JPN, 103-0016
Fudo Tetra Corp is engaged in the business of construction work. It operates through three businesses. Its Civil Engineering business is involved in the construction of civil engineering sectors such as roads, railways, dams and rivers, water and sewage, and energy facilities, as well as ports and airports, fishing harbors, coasts, and artificial islands. The Ground Improvement business specializes in ground development work. Its Block and Environment business consist of leasing products for wave-dissipating block and foot protection use.

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