D B (BOM:533151) 6-1 Month Momentum % : -10.44% (As of Dec. 14, 2024)

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What is D B 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 (2024-12-14), D B's 6-1 Month Momentum % is -10.44%.

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

BOM:533151's 6-1 Month Momentum % is ranked worse than
60.32% of 1056 companies
in the Media - Diversified industry
Industry Median: -4.25 vs BOM:533151: -10.44

Competitive Comparison of D B's 6-1 Month Momentum %

For the Publishing subindustry, D B'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.

D B's 6-1 Month Momentum % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, D B's 6-1 Month Momentum % distribution charts can be found below:

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

D B (BOM:533151) 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.

D B (BOM:533151) 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.

D B 6-1 Month Momentum % Related Terms

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D B Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » D B Corp Ltd (BOM:533151) » Definitions » 6-1 Month Momentum %

Traded in Other Exchanges

DBCORP:India

Address

6, Dwarka Sadan, Press Complex, M P Nagar Zone I, Bhopal, MP, IND, 462011

Website

https://www.dbcorpltd.com

D B Corp Ltd is an Indian print media company with a presence in the radio and digital sectors. The company publishes six newspapers in Hindi, Gujarati, Marathi, and English across 14 states with a total readership of approximately forty-four million. Its operating segments include the Printing / Publishing and Radio segment. The flagship newspaper brands of the Group are Dainik Bhaskar, Divya Bhaskar, and Divya Marathi. MY FM, the Group's radio network has more than 25 radio stations, and its digital arm, The company operates through two segments such as the Printing/Publishing and Allied Business segment, which encompasses newspapers, magazines, printing job work, and internet and mobile interactive services, and the Radio segment, which focuses on radio broadcasting.

D B Headlines

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