CSSC (Hong Kong) Shipping Co (HKSE:03877) 6-1 Month Momentum % : N/A% (As of Dec. 14, 2024)

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What is CSSC (Hong Kong) Shipping Co 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), CSSC (Hong Kong) Shipping Co's 6-1 Month Momentum % is N/A%.

The industry rank for CSSC (Hong Kong) Shipping Co's 6-1 Month Momentum % or its related term are showing as below:

HKSE:03877's 6-1 Month Momentum % is not ranked ^*
in the Business Services industry.
Industry Median: -2.06
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of CSSC (Hong Kong) Shipping Co's 6-1 Month Momentum %

For the Rental & Leasing Services subindustry, CSSC (Hong Kong) Shipping Co'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.

CSSC (Hong Kong) Shipping Co's 6-1 Month Momentum % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CSSC (Hong Kong) Shipping Co's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where CSSC (Hong Kong) Shipping Co's 6-1 Month Momentum % falls into.

CSSC (Hong Kong) Shipping Co (HKSE:03877) 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.

CSSC (Hong Kong) Shipping Co (HKSE:03877) 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.

CSSC (Hong Kong) Shipping Co 6-1 Month Momentum % Related Terms

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CSSC (Hong Kong) Shipping Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CSSC (Hong Kong) Shipping Co Ltd (HKSE:03877) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

3LL:Germany

Address

19 Des Voeux Road Central, Room 1801, 18th Floor, World-wide House, Hong Kong, HKG

Website

https://www.csscshipping.net

CSSC (Hong Kong) Shipping Co Ltd is a shipyard-affiliated leasing company. As a player in the ship leasing industry, it offers customized ship leasing solutions that suit customers' different needs. The core business of the group is the provision of leasing services, which include finance leases and operating leases. It operates through the below segments: Leasing services, Shipbroking services, and Loan borrowings. The Leasing services segment that derives the majority of revenue provides vessel leasing services to the customers with the options of finance lease and operating lease. Geographically, the company generates revenue from customers mainly located in the PRC, Asia, United States, and Europe.

Executives

Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
China Re Asset Management (hong Kong) Company Limited	2102 Investment manager
Zhong Guo Zai Bao Xian Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Cssc International Holding Company Limited	2101 Beneficial owner
State-owned Assets Supervision And Administration Commission	2201 Interest of corporation controlled by you
Zhong Guo Chuan Bo Gong Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you

CSSC (Hong Kong) Shipping Co Headlines

No Headlines