TBK & Sons Holdings (HKSE:01960) 6-1 Month Momentum % : -21.43% (As of Jun. 24, 2024)

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What is TBK & Sons 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 (2024-06-24), TBK & Sons Holdings's 6-1 Month Momentum % is -21.43%.

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

HKSE:01960's 6-1 Month Momentum % is ranked worse than
86.64% of 1782 companies
in the Construction industry
Industry Median: 3.84 vs HKSE:01960: -21.43

Competitive Comparison of TBK & Sons Holdings's 6-1 Month Momentum %

For the Engineering & Construction subindustry, TBK & Sons 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.

TBK & Sons Holdings's 6-1 Month Momentum % Distribution in the Construction Industry

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

* The bar in red indicates where TBK & Sons Holdings's 6-1 Month Momentum % falls into.

TBK & Sons Holdings (HKSE:01960) 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.

TBK & Sons Holdings (HKSE:01960) 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.

TBK & Sons Holdings 6-1 Month Momentum % Related Terms

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TBK & Sons Holdings (HKSE:01960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » TBK & Sons Holdings Ltd (HKSE:01960) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Batu 2 Jalan Seremban, Lot 333, Kampung Paya, Port Dickson, NSN, MYS, 71000

Website

https://www.tbkssb.com.my

TBK & Sons Holdings Ltd is an investment holding company. Its operating segments are: Site preparation works projects, Construction and renovation works projects, Civil works projects, Building works projects, and Trading of oil and related products. The company generates a majority of its revenue from the trading of oil and related products. The civil works projects segment deals in site preparation work such as earthwork, demolition works, and temporary facilities infrastructure construction, including building temporary site offices, canteens, warehouses, and other civil works. Geographically, it operates in Hong Kong, Malaysia, and the PRC, with the maximum revenue generated from the People's Republic of China.

Executives

Fuji Investment Spc	2201 Interest of corporation controlled by you
Victory Lead Ventures Limited	2101 Beneficial owner
Tan Han Peng	2201 Interest of corporation controlled by you
Tan Hun Tiong	2201 Interest of corporation controlled by you
Tan Siew Hong	2202 Interest of your spouse
Tbk & Sons International Limited	2101 Beneficial owner
Yang Dunwei	2201 Interest of corporation controlled by you
Hong Hui Guo Ji You Xian Gong Si	2106 Person having a security interest in shares

TBK & Sons Holdings (HKSE:01960) Headlines

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