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Ha Noi Construction JSC No 5 (HSTC:CH5) 6-1 Month Momentum % : 68.89% (As of Dec. 15, 2024)


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What is Ha Noi Construction JSC No 5 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 (2024-12-15), Ha Noi Construction JSC No 5's 6-1 Month Momentum % is 68.89%.

The industry rank for Ha Noi Construction JSC No 5's 6-1 Month Momentum % or its related term are showing as below:

HSTC:CH5's 6-1 Month Momentum % is not ranked
in the Construction industry.
Industry Median: -1.51 vs HSTC:CH5: 68.89

Competitive Comparison of Ha Noi Construction JSC No 5's 6-1 Month Momentum %

For the Engineering & Construction subindustry, Ha Noi Construction JSC No 5'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.


Ha Noi Construction JSC No 5's 6-1 Month Momentum % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ha Noi Construction JSC No 5's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Ha Noi Construction JSC No 5's 6-1 Month Momentum % falls into.



Ha Noi Construction JSC No 5  (HSTC:CH5) 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.


Ha Noi Construction JSC No 5  (HSTC:CH5) 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.


Ha Noi Construction JSC No 5 6-1 Month Momentum % Related Terms

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Ha Noi Construction JSC No 5 Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 101 Lang Ha Street, Lang Ha Ward, Dong Da District, Hanoi City, VNM
Ha Noi Construction JSC No 5 is engaged in the construction of public works, construction of housing works; construction of industrial construction works, repair and embellishment of cultural and historical works, temples, pagodas, churches and scenic spots.

Ha Noi Construction JSC No 5 Headlines

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