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Yield Go Holdings (HKSE:01796) 6-1 Month Momentum % : 36.88% (As of Jun. 15, 2024)


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What is Yield Go 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 (2024-06-15), Yield Go Holdings's 6-1 Month Momentum % is 36.88%.

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

HKSE:01796's 6-1 Month Momentum % is ranked better than
86.13% of 1773 companies
in the Construction industry
Industry Median: 3.63 vs HKSE:01796: 36.88

Competitive Comparison of Yield Go Holdings's 6-1 Month Momentum %

For the Building Products & Equipment subindustry, Yield Go 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.


Yield Go Holdings's 6-1 Month Momentum % Distribution in the Construction Industry

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

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



Yield Go Holdings  (HKSE:01796) 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.


Yield Go Holdings  (HKSE:01796) 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.


Yield Go Holdings 6-1 Month Momentum % Related Terms

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Yield Go Holdings (HKSE:01796) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Hoi Shing Road, Unit 3, 32/F, Cable TV Tower, Tsuen Wan, New Territoties, Hong Kong, HKG
Yield Go Holdings Ltd is an investment holding company. The company through its subsidiaries is engaged in fitting out services and supply of fitting out materials. The fitting-out works of the company are conducted on new buildings and interior renovation works on existing buildings that involve upgrades, makeovers, and demolition of existing works for residential and commercial properties in Hong Kong.
Executives
Tse Shiu Hoi 2201 Interest of corporation controlled by you
Tse's Finance Limited 2106 Person having a security interest in shares
Huang Hou 2201 Interest of corporation controlled by you
Ultra Accord Limited 2106 Person having a security interest in shares
Chu Chui Ling 2106 Person having a security interest in shares
Yuan Feng Ventures Limited 2101 Beneficial owner
Chen Yidong 2201 Interest of corporation controlled by you
Hoi Lang Holdings Ltd. 2106 Person having a security interest in shares
Master Success International Investment Limited 2101 Beneficial owner
Man Hoi Yuen 2201 Interest of corporation controlled by you
Ng Yuen Chun 2202 Interest of your spouse

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