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Emperor Entertainment Hotel (HKSE:00296) 6-1 Month Momentum % : -13.33% (As of May. 01, 2024)


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What is Emperor Entertainment Hotel 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 (2024-05-01), Emperor Entertainment Hotel's 6-1 Month Momentum % is -13.33%.

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

HKSE:00296's 6-1 Month Momentum % is ranked worse than
81.53% of 877 companies
in the Travel & Leisure industry
Industry Median: 4.67 vs HKSE:00296: -13.33

Competitive Comparison of Emperor Entertainment Hotel's 6-1 Month Momentum %

For the Resorts & Casinos subindustry, Emperor Entertainment Hotel'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.


Emperor Entertainment Hotel's 6-1 Month Momentum % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Emperor Entertainment Hotel's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Emperor Entertainment Hotel's 6-1 Month Momentum % falls into.



Emperor Entertainment Hotel  (HKSE:00296) 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.


Emperor Entertainment Hotel  (HKSE:00296) 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.


Emperor Entertainment Hotel 6-1 Month Momentum % Related Terms

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Emperor Entertainment Hotel (HKSE:00296) Business Description

Traded in Other Exchanges
Address
288 Hennessy Road, 28th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG
Emperor Entertainment Hotel Ltd is a Macao-based company that is active in the hospitality and entertainment industry. The company is engaged provision of gaming-related marketing and public relations services in the casino of the Grand Emperor Hotel, the operation of a mass market hall, VIP room, and slot machine hall operations. The company is also engaged in the hotel operation of the Grand Emperor Hotel and the Inn Hotel Macau. The company manages its business in segments namely gaming operations, Leasing, and hotel operation. It generates the majority of its revenue from hotel operations in Macau.

Emperor Entertainment Hotel (HKSE:00296) Headlines

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