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Shin-Etsu Polymer Co (TSE:7970) 12-1 Month Momentum % : 1.68% (As of Apr. 16, 2025)


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What is Shin-Etsu Polymer 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 (2025-04-16), Shin-Etsu Polymer Co's 12-1 Month Momentum % is 1.68%.

The industry rank for Shin-Etsu Polymer Co's 12-1 Month Momentum % or its related term are showing as below:

TSE:7970's 12-1 Month Momentum % is ranked better than
55.31% of 1562 companies
in the Chemicals industry
Industry Median: -2.98 vs TSE:7970: 1.68

Competitive Comparison of Shin-Etsu Polymer Co's 12-1 Month Momentum %

For the Specialty Chemicals subindustry, Shin-Etsu Polymer 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.


Shin-Etsu Polymer Co's 12-1 Month Momentum % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shin-Etsu Polymer Co's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Shin-Etsu Polymer Co's 12-1 Month Momentum % falls into.


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Shin-Etsu Polymer Co  (TSE:7970) 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.


Shin-Etsu Polymer Co  (TSE:7970) 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.


Shin-Etsu Polymer Co 12-1 Month Momentum % Related Terms

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Shin-Etsu Polymer Co Business Description

Traded in Other Exchanges
Address
Sotetsu Kandasudacho Building, 1-9 Kanda-Sudacho, Chiyoda-ku, Tokyo, JPN, 101-0041
Shin-Etsu Polymer Co Ltd manufactures polyvinyl and rubber products. The company develops applications for using the silicone and various plastics involving materials and compounding, design, molding processes, and evaluation and analysis and meets the needs of customers engaged in the field from automobiles and information devices to semiconductors and construction materials. Shin-Etsu sells its products mainly to the electronic devices industry, housing and living materials industry, precision molding products industry and others but majority of the revenues are derived from precision molding products which includes shipping and carrying containers for semiconductor silicon wafers, materials for automatic mounting of electronic components, office automation device components.

Shin-Etsu Polymer Co Headlines

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