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Mizzen Ventures (BOM:531537) 6-1 Month Momentum % : 184.34% (As of Apr. 29, 2025)


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What is Mizzen Ventures 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 (2025-04-29), Mizzen Ventures's 6-1 Month Momentum % is 184.34%.

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

BOM:531537's 6-1 Month Momentum % is ranked better than
99.4% of 1831 companies
in the Construction industry
Industry Median: -2.87 vs BOM:531537: 184.34

Competitive Comparison of Mizzen Ventures's 6-1 Month Momentum %

For the Infrastructure Operations subindustry, Mizzen Ventures'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.


Mizzen Ventures's 6-1 Month Momentum % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Mizzen Ventures's 6-1 Month Momentum % distribution charts can be found below:

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


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Mizzen Ventures  (BOM:531537) 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.


Mizzen Ventures  (BOM:531537) 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.


Mizzen Ventures 6-1 Month Momentum % Related Terms

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Mizzen Ventures Business Description

Traded in Other Exchanges
N/A
Address
Kondapur Main Road, Laxmi Nagar, Flat No. 704, D Block, Tower A, Aparna heights, Kondapur, Hyderabad, TG, IND, 500084
Mizzen Ventures Ltd formerly Jyothi Infraventures Ltd is an infrastructure development company. The company handles infrastructure projects. The Company is engaged in business of trading of infrastructure building materials and infra works. The company's infrastructure activities include road construction, bridge development, water supply projects, and other critical infrastructure initiatives.

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