GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wei Yuan Holdings Ltd (HKSE:01343) » Definitions » 6-1 Month Momentum %

Wei Yuan Holdings (HKSE:01343) 6-1 Month Momentum % : -13.95% (As of Dec. 14, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Wei Yuan Holdings 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), Wei Yuan Holdings's 6-1 Month Momentum % is -13.95%.

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

HKSE:01343's 6-1 Month Momentum % is ranked worse than
74.18% of 1832 companies
in the Construction industry
Industry Median: -1.51 vs HKSE:01343: -13.95

Competitive Comparison of Wei Yuan Holdings's 6-1 Month Momentum %

For the Engineering & Construction subindustry, Wei Yuan Holdings'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.


Wei Yuan Holdings's 6-1 Month Momentum % Distribution in the Construction Industry

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

* The bar in red indicates where Wei Yuan Holdings's 6-1 Month Momentum % falls into.



Wei Yuan Holdings  (HKSE:01343) 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.


Wei Yuan Holdings  (HKSE:01343) 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.


Wei Yuan Holdings 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Wei Yuan Holdings's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Wei Yuan Holdings Business Description

Traded in Other Exchanges
N/A
Address
37 Kranji Link, Singapore, SGP, 728643
Wei Yuan Holdings Ltd is a contractor specialized in the provision of civil engineering utilities works. The company is engaged in contract works about the installation of power cables, telecommunication cables (including ISP works and OSP works), and sewerage pipelines by applying methods such as open-cut excavation or trenchless methods; road milling and resurfacing services; ancillary and other support services; and sales of goods and milled waste.
Executives
Ng Tian Soo
Huang Lei 2101 Beneficial owner
Chai Kwee Lim 2201 Interest of corporation controlled by you
Chen Teck Men 2202 Interest of your spouse
Ng Mei Lian 2201 Interest of corporation controlled by you
Ng Tian Fah 2201 Interest of corporation controlled by you
Ng Tian Kew 2201 Interest of corporation controlled by you
Pang Kip Moi 2202 Interest of your spouse
Phang May Lan 2202 Interest of your spouse
Tang Siaw Tien 2202 Interest of your spouse
Wg International (bvi) Limited 2101 Beneficial owner

Wei Yuan Holdings Headlines

No Headlines