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Mah Sing Group Bhd (XKLS:8583) 12-1 Month Momentum % : 42.56% (As of Mar. 04, 2025)


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What is Mah Sing Group Bhd 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 (2025-03-04), Mah Sing Group Bhd's 12-1 Month Momentum % is 42.56%.

The industry rank for Mah Sing Group Bhd's 12-1 Month Momentum % or its related term are showing as below:

XKLS:8583's 12-1 Month Momentum % is ranked better than
87.63% of 1852 companies
in the Real Estate industry
Industry Median: -1.18 vs XKLS:8583: 42.56

Competitive Comparison of Mah Sing Group Bhd's 12-1 Month Momentum %

For the Real Estate - Development subindustry, Mah Sing Group Bhd'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.


Mah Sing Group Bhd's 12-1 Month Momentum % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mah Sing Group Bhd's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Mah Sing Group Bhd's 12-1 Month Momentum % falls into.



Mah Sing Group Bhd  (XKLS:8583) 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.


Mah Sing Group Bhd  (XKLS:8583) 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.


Mah Sing Group Bhd 12-1 Month Momentum % Related Terms

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Mah Sing Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 163, Jalan Sungai Besi, Penthouse Suite 1, Wisma Mah Sing, Kuala Lumpur, SGR, MYS, 57100
Mah Sing Group Bhd is a Malaysia-based company that is mainly engaged in three segments: Property, Manufacturing, and Investment Holding and others. The property segment, which accounts for the majority of the company's sales, invests in and develops residential, commercial, and industrial properties. The Manufacturing segment manufactures and trading of a range of plastic molded products and gloves. The investment holding and others segment is engaged in the provision of management and property support services, construction of residential properties, provision of hospitality management services, and trading of building materials. It has a geographic presence in Malaysia, Indonesia, Singapore, Thailand, and others.

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