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Left Field Printing Group (HKSE:01540) 6-1 Month Momentum % : 16.25% (As of May. 16, 2024)


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What is Left Field Printing Group 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 (2024-05-16), Left Field Printing Group's 6-1 Month Momentum % is 16.25%.

The industry rank for Left Field Printing Group's 6-1 Month Momentum % or its related term are showing as below:

HKSE:01540's 6-1 Month Momentum % is ranked better than
75.09% of 1084 companies
in the Business Services industry
Industry Median: 2.14 vs HKSE:01540: 16.25

Competitive Comparison of Left Field Printing Group's 6-1 Month Momentum %

For the Specialty Business Services subindustry, Left Field Printing Group'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.


Left Field Printing Group's 6-1 Month Momentum % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Left Field Printing Group's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Left Field Printing Group's 6-1 Month Momentum % falls into.



Left Field Printing Group  (HKSE:01540) 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.


Left Field Printing Group  (HKSE:01540) 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.


Left Field Printing Group 6-1 Month Momentum % Related Terms

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Left Field Printing Group (HKSE:01540) Business Description

Traded in Other Exchanges
N/A
Address
123 Hoi Bun Road, Level 11 East Wing, NEO, Kwun Tong, Kowloon, Hong Kong, HKG
Left Field Printing Group Ltd is a printing solutions and services provider. Its printing process and services cover printing solution consultation, production planning and scheduling, pre-press, offset printing, digital printing, post-press, quality check, packaging, and delivery. Printed products offered by the company include read-for-pleasure books; government printed matters; quick turnaround time education books; catalogs, operating manuals, and promotional leaflets. It also provides printing related services, such as warehousing and direct mailing, call center services, and ancillary services. Geographically the company provides services in Australia.

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