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Universus Photo Imagings (BOM:542933) 6-1 Month Momentum % : 5.42% (As of Dec. 13, 2024)


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What is Universus Photo Imagings 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 (2024-12-13), Universus Photo Imagings's 6-1 Month Momentum % is 5.42%.

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

BOM:542933's 6-1 Month Momentum % is ranked better than
57.53% of 850 companies
in the Medical Devices & Instruments industry
Industry Median: -2.955 vs BOM:542933: 5.42

Competitive Comparison of Universus Photo Imagings's 6-1 Month Momentum %

For the Medical Devices subindustry, Universus Photo Imagings'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.


Universus Photo Imagings's 6-1 Month Momentum % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Universus Photo Imagings's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Universus Photo Imagings's 6-1 Month Momentum % falls into.



Universus Photo Imagings  (BOM:542933) 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.


Universus Photo Imagings  (BOM:542933) 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.


Universus Photo Imagings 6-1 Month Momentum % Related Terms

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Universus Photo Imagings Business Description

Traded in Other Exchanges
Address
Plot no. 12, Local Shopping Complex, Sector B-1, Vasant Kunj, New Delhi, IND, 110 070
Universus Photo Imagings Ltd operates in photographic products. It is engaged in manufacturing, selling and distribution of X-Ray films and NTR films in Matt and Glossy finish. NTR Films being used for photo albums, certificates, playing cards, Gift Cards, visiting cards, calendar, menu cards, wedding cards and modelling portfolio.

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