KleanNara Co (XKRX:004540) 12-1 Month Momentum % : -12.20% (As of Jun. 20, 2024)

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What is KleanNara 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 (2024-06-20), KleanNara Co's 12-1 Month Momentum % is -12.20%.

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

XKRX:004540's 12-1 Month Momentum % is ranked worse than
68.83% of 308 companies
in the Forest Products industry
Industry Median: 3.66 vs XKRX:004540: -12.20

Competitive Comparison of KleanNara Co's 12-1 Month Momentum %

For the Paper & Paper Products subindustry, KleanNara 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.

KleanNara Co's 12-1 Month Momentum % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, KleanNara Co's 12-1 Month Momentum % distribution charts can be found below:

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

KleanNara Co (XKRX:004540) 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.

KleanNara Co (XKRX:004540) 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.

KleanNara Co 12-1 Month Momentum % Related Terms

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KleanNara Co (XKRX:004540) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » KleanNara Co Ltd (XKRX:004540) » Definitions » 12-1 Month Momentum %

Traded in Other Exchanges

004545.PFD:Korea

Address

Samil-daero 6-gil 5, New Joyang Building, Jung-gu, Seoul, KOR, 100-861

Website

http://www.kleannara.co.kr

KleanNara Co Ltd is a manufacturer and seller of paper and paper products in South Korea. The company's procuct portfolio includes rolls, cosmetic tissue, kitchen towels, wet wipes, sanitary pads, diapers, diapers for adults, jumbo rolls, hand towels, and napkin. It also manufactures industrial paper, food packing paper and special papers. Its products are sold under White Horse and Best Coat.

KleanNara Co (XKRX:004540) Headlines

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