GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vintron Informatics Ltd (BOM:517393) » Definitions » 6-1 Month Momentum %

Vintron Informatics (BOM:517393) 6-1 Month Momentum % : 190.04% (As of May. 26, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Vintron Informatics 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-26), Vintron Informatics's 6-1 Month Momentum % is 190.04%.

The industry rank for Vintron Informatics's 6-1 Month Momentum % or its related term are showing as below:

BOM:517393's 6-1 Month Momentum % is ranked better than
99.17% of 1086 companies
in the Business Services industry
Industry Median: 1.495 vs BOM:517393: 190.04

Competitive Comparison of Vintron Informatics's 6-1 Month Momentum %

For the Security & Protection Services subindustry, Vintron Informatics's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.


Vintron Informatics's 6-1 Month Momentum % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vintron Informatics's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Vintron Informatics's 6-1 Month Momentum % falls into.



Vintron Informatics  (BOM:517393) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-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.


Vintron Informatics  (BOM:517393) 6-1 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 6-1 Month Momentum % measures the total return to a stock over the past six 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.


Vintron Informatics 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Vintron Informatics's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Vintron Informatics (BOM:517393) Business Description

Traded in Other Exchanges
N/A
Address
D-88, Okhla Industrial Area, Second Floor, New Delhi, IND, 110020
Vintron Informatics Ltd is an India-based company operating in the electronics industry. It deals with and manufactures electronic products, specifically security and surveillance-related electronic equipment. The company trades and manufactures digital video recorders, CCTV Cameras, and other products along with accessories. The group carries out its business operation principally in India.

Vintron Informatics (BOM:517393) Headlines

No Headlines