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Viet Nam Thuong Tin Commercial JSB (HSTC:VBB) 6-1 Month Momentum % : 23.74% (As of Apr. 27, 2025)


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What is Viet Nam Thuong Tin Commercial JSB 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 (2025-04-27), Viet Nam Thuong Tin Commercial JSB's 6-1 Month Momentum % is 23.74%.

The industry rank for Viet Nam Thuong Tin Commercial JSB's 6-1 Month Momentum % or its related term are showing as below:

HSTC:VBB's 6-1 Month Momentum % is ranked better than
84.64% of 1634 companies
in the Banks industry
Industry Median: 4.345 vs HSTC:VBB: 23.74

Competitive Comparison of Viet Nam Thuong Tin Commercial JSB's 6-1 Month Momentum %

For the Banks - Regional subindustry, Viet Nam Thuong Tin Commercial JSB'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.


Viet Nam Thuong Tin Commercial JSB's 6-1 Month Momentum % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Viet Nam Thuong Tin Commercial JSB's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Viet Nam Thuong Tin Commercial JSB's 6-1 Month Momentum % falls into.


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Viet Nam Thuong Tin Commercial JSB  (HSTC:VBB) 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.


Viet Nam Thuong Tin Commercial JSB  (HSTC:VBB) 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.


Viet Nam Thuong Tin Commercial JSB 6-1 Month Momentum % Related Terms

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Viet Nam Thuong Tin Commercial JSB Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 47 Tran Hung Dao, Ward 3, Soc Trang province, Soc Trang, VNM
Viet Nam Thuong Tin Commercial JSB operates as a bank in Vietnam. Its services include demand deposits, term deposits, savings deposits, and other types of deposits; issuance of certificates of deposit, bills of exchange, bills of credit, bonds for raising funds domestically and abroad.

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