GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Indah Prakasa Sentosa Tbk (ISX:INPS) » Definitions » 6-1 Month Momentum %

PT Indah Prakasa Sentosa Tbk (ISX:INPS) 6-1 Month Momentum % : 18.03% (As of Dec. 15, 2024)


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

What is PT Indah Prakasa Sentosa Tbk 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), PT Indah Prakasa Sentosa Tbk's 6-1 Month Momentum % is 18.03%.

The industry rank for PT Indah Prakasa Sentosa Tbk's 6-1 Month Momentum % or its related term are showing as below:

ISX:INPS's 6-1 Month Momentum % is ranked better than
76.29% of 1050 companies
in the Transportation industry
Industry Median: -0.645 vs ISX:INPS: 18.03

Competitive Comparison of PT Indah Prakasa Sentosa Tbk's 6-1 Month Momentum %

For the Trucking subindustry, PT Indah Prakasa Sentosa Tbk'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.


PT Indah Prakasa Sentosa Tbk's 6-1 Month Momentum % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Indah Prakasa Sentosa Tbk's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where PT Indah Prakasa Sentosa Tbk's 6-1 Month Momentum % falls into.



PT Indah Prakasa Sentosa Tbk  (ISX:INPS) 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.


PT Indah Prakasa Sentosa Tbk  (ISX:INPS) 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.


PT Indah Prakasa Sentosa Tbk 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of PT Indah Prakasa Sentosa Tbk's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Indah Prakasa Sentosa Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Sunter Garden, Raya Blok D8 No. 3G - 3H, Jakarta Utara, IDN, 14350
PT Indah Prakasa Sentosa Tbk is involved in the logistics and distribution sector. It is engaged in providing logistics service, trading and distribution of solid, liquid, and lubricating fuels, gas, and related products; and provision of energy stations for retailers. The operating segments of the group are Agents of fuel, lubricant, and gas, SPPBE, and Transportation and logistics and others. It derives prime revenue from the Agents of fuel, lubricant, and gas segment.

PT Indah Prakasa Sentosa Tbk Headlines

No Headlines