GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Sai Gon - Ha Noi Beer Corp (HSTC:BSH) » Definitions » 6-1 Month Momentum %

Sai Gon - Ha Noi Beer (HSTC:BSH) 6-1 Month Momentum % : -9.09% (As of Mar. 02, 2025)


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

What is Sai Gon - Ha Noi Beer 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 (2025-03-02), Sai Gon - Ha Noi Beer's 6-1 Month Momentum % is -9.09%.

The industry rank for Sai Gon - Ha Noi Beer's 6-1 Month Momentum % or its related term are showing as below:

HSTC:BSH's 6-1 Month Momentum % is ranked worse than
65.83% of 240 companies
in the Beverages - Alcoholic industry
Industry Median: -3.105 vs HSTC:BSH: -9.09

Competitive Comparison of Sai Gon - Ha Noi Beer's 6-1 Month Momentum %

For the Beverages - Brewers subindustry, Sai Gon - Ha Noi Beer'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.


Sai Gon - Ha Noi Beer's 6-1 Month Momentum % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Sai Gon - Ha Noi Beer's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Sai Gon - Ha Noi Beer's 6-1 Month Momentum % falls into.



Sai Gon - Ha Noi Beer  (HSTC:BSH) 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.


Sai Gon - Ha Noi Beer  (HSTC:BSH) 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.


Sai Gon - Ha Noi Beer 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Sai Gon - Ha Noi Beer's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sai Gon - Ha Noi Beer Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
A2 CN8 Tu Liem Industrial Cluster, Phuong Canh Ward, Nam Tu Liem District, Hanoi, VNM
Sai Gon - Ha Noi Beer Corp is engaged in the manufacturing of alcoholic beer. The company's products include Bottled Beer, Canned Beer, Saigon Beer, and Export Beer.

Sai Gon - Ha Noi Beer Headlines

No Headlines