GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vico International Holdings Ltd (HKSE:01621) » Definitions » 6-1 Month Momentum %

Vico International Holdings (HKSE:01621) 6-1 Month Momentum % : -4.11% (As of Dec. 14, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Vico International 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), Vico International Holdings's 6-1 Month Momentum % is -4.11%.

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

HKSE:01621's 6-1 Month Momentum % is ranked better than
51.48% of 1049 companies
in the Oil & Gas industry
Industry Median: -4.78 vs HKSE:01621: -4.11

Competitive Comparison of Vico International Holdings's 6-1 Month Momentum %

For the Oil & Gas Refining & Marketing subindustry, Vico International 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.


Vico International Holdings's 6-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vico International Holdings's 6-1 Month Momentum % distribution charts can be found below:

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



Vico International Holdings  (HKSE:01621) 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.


Vico International Holdings  (HKSE:01621) 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.


Vico International Holdings 6-1 Month Momentum % Related Terms

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


Vico International Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 10 Cheung Yue Street, Unit D, 11th Floor, Billion Plaza II, Cheung Sha Wan, Hong Kong, HKG
Vico International Holdings Ltd is engaged in the business of distribution of petrochemicals products. The company's portfolio of products comprises sales of diesel, lubricant oil and others and provision of fleet cards service. The operating segments of the group are Sales of diesel; Provision of fleet card service; Sales of lubricant oil and Sales of others. The company derives the majority of its revenue from the Sales of the diesel segment. Geographically, the group has a business presence in Hong Kong; Macau, Vietnam, Dubai, Korea, India, and Malaysia, of which key revenue is generated from Hong Kong.
Executives
Max Fortune Holdings Limited 2101 Beneficial owner
Hui Pui Sing 2201 Interest of corporation controlled by you
Hui Yip Ho Eric 2201 Interest of corporation controlled by you
Tong Man Wah 2201 Interest of corporation controlled by you

Vico International Holdings Headlines

No Headlines