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Control Print (BOM:522295) 6-1 Month Momentum % : -4.75% (As of Jun. 17, 2024)


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What is Control Print 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 (2024-06-17), Control Print's 6-1 Month Momentum % is -4.75%.

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

BOM:522295's 6-1 Month Momentum % is ranked worse than
57.82% of 2997 companies
in the Industrial Products industry
Industry Median: -0.29 vs BOM:522295: -4.75

Competitive Comparison of Control Print's 6-1 Month Momentum %

For the Business Equipment & Supplies subindustry, Control Print'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.


Control Print's 6-1 Month Momentum % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Control Print's 6-1 Month Momentum % distribution charts can be found below:

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



Control Print  (BOM:522295) 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.


Control Print  (BOM:522295) 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.


Control Print 6-1 Month Momentum % Related Terms

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Control Print (BOM:522295) Business Description

Traded in Other Exchanges
Address
Andheri-Kurla Road, C-106, Hind Saurashtra Industrial Estate, Marol Naka, Andheri (East), Mumbai, MH, IND, 400059
Control Print Ltd is a coding and marketing solutions provider. The core business area is branding and product information, barcoding, manufacturing, batch and date codes, and traceability. Its products include a Continuous inject printer, a High-resolution printer, a Thermal transfer over the printer, a Large character printer, and a Laser printer among others. The company offers services to the industries of food, beverage, healthcare, FMCG, and Others.

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