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FY Financial (Shenzhen) Co (HKSE:08452) 6-1 Month Momentum % : -5.62% (As of Dec. 13, 2024)


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What is FY Financial (Shenzhen) 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 (2024-12-13), FY Financial (Shenzhen) Co's 6-1 Month Momentum % is -5.62%.

The industry rank for FY Financial (Shenzhen) Co's 6-1 Month Momentum % or its related term are showing as below:

HKSE:08452's 6-1 Month Momentum % is ranked worse than
60.89% of 560 companies
in the Credit Services industry
Industry Median: 5.195 vs HKSE:08452: -5.62

Competitive Comparison of FY Financial (Shenzhen) Co's 6-1 Month Momentum %

For the Credit Services subindustry, FY Financial (Shenzhen) 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.


FY Financial (Shenzhen) Co's 6-1 Month Momentum % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, FY Financial (Shenzhen) Co's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where FY Financial (Shenzhen) Co's 6-1 Month Momentum % falls into.



FY Financial (Shenzhen) Co  (HKSE:08452) 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.


FY Financial (Shenzhen) Co  (HKSE:08452) 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.


FY Financial (Shenzhen) Co 6-1 Month Momentum % Related Terms

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FY Financial (Shenzhen) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 128 Xinzhou 11th Street, Room 1603, Cheung Kei Building, Futian District, Guangdong, Shenzhen, CHN
FY Financial (Shenzhen) Co Ltd is a financial services company. The company focuses on providing financial leasing, provision of factoring and advisory services, customer referral services, and the supply of medical equipment, 5G base stations, and energy storage business in the People's Republic of China region. The group's segment includes the Financial and advisory business, Energy storage business, 5G Base station business, and Trading operation business. The company derives the majority of its revenues from an Energy storage business.
Executives
A Plus Capital Management Limited 2102 Investment manager
Tiger Capital Fund Spc - Tiger Global Sp 2101 Beneficial owner
Kkc Capital Limited 2102 Investment manager
Kkc Capital Spc - Kkc Capital High Growth Fund Segregated Portfolio 2101 Beneficial owner

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