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Despec Bilgisayar Pazarlama ve Ticaret (IST:DESPC) 6-1 Month Momentum % : 82.68% (As of May. 26, 2024)


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What is Despec Bilgisayar Pazarlama ve Ticaret 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 (2024-05-26), Despec Bilgisayar Pazarlama ve Ticaret's 6-1 Month Momentum % is 82.68%.

The industry rank for Despec Bilgisayar Pazarlama ve Ticaret's 6-1 Month Momentum % or its related term are showing as below:

IST:DESPC's 6-1 Month Momentum % is ranked better than
96.73% of 2480 companies
in the Hardware industry
Industry Median: -3.33 vs IST:DESPC: 82.68

Competitive Comparison of Despec Bilgisayar Pazarlama ve Ticaret's 6-1 Month Momentum %

For the Electronics & Computer Distribution subindustry, Despec Bilgisayar Pazarlama ve Ticaret'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.


Despec Bilgisayar Pazarlama ve Ticaret's 6-1 Month Momentum % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Despec Bilgisayar Pazarlama ve Ticaret's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Despec Bilgisayar Pazarlama ve Ticaret's 6-1 Month Momentum % falls into.



Despec Bilgisayar Pazarlama ve Ticaret  (IST:DESPC) 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.


Despec Bilgisayar Pazarlama ve Ticaret  (IST:DESPC) 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.


Despec Bilgisayar Pazarlama ve Ticaret 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Despec Bilgisayar Pazarlama ve Ticaret's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Despec Bilgisayar Pazarlama ve Ticaret (IST:DESPC) Business Description

Traded in Other Exchanges
N/A
Address
Merkez Mahallesi Erseven Sokak. No:8/3, Kagithane, Istanbul, TUR, 34406
Despec Bilgisayar Pazarlama ve Ticaret offers distribution services for almost all kinds of information technology consumption products to computer companies and office supply stores countrywide in Turkey through its well-organized distribution network. It offers products such as toner, ink cartridge, printer tape, backup products, paper products, accessories, and others. A major part of the group's sales consists of HP products (especially printer toners and cartridges). Other products distributed by the company are of brands of Canon, Samsung, Steelseries, Epson, Oki, Xerox, IBM, Emtec, Lexmark, Trust, Targus, Jabra, Toshiba, and Apple. Geographically, all the activities are functioned through the region of Turkey.

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