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Koza Altin Izletmeleri AS (Koza Altin Izletmeleri AS) 6-1 Month Momentum % : N/A% (As of May. 15, 2024)


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What is Koza Altin Izletmeleri AS 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 (2024-05-15), Koza Altin Izletmeleri AS's 6-1 Month Momentum % is N/A%.

The industry rank for Koza Altin Izletmeleri AS's 6-1 Month Momentum % or its related term are showing as below:

KOZAY's 6-1 Month Momentum % is not ranked *
in the Metals & Mining industry.
Industry Median: 4.625
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Koza Altin Izletmeleri AS's 6-1 Month Momentum %

For the Gold subindustry, Koza Altin Izletmeleri AS'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.


Koza Altin Izletmeleri AS's 6-1 Month Momentum % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Koza Altin Izletmeleri AS's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Koza Altin Izletmeleri AS's 6-1 Month Momentum % falls into.



Koza Altin Izletmeleri AS  (OTCPK:KOZAY) 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.


Koza Altin Izletmeleri AS  (OTCPK:KOZAY) 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.


Koza Altin Izletmeleri AS 6-1 Month Momentum % Related Terms

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Koza Altin Izletmeleri AS (Koza Altin Izletmeleri AS) Business Description

Traded in Other Exchanges
Address
?stanbul Yolu, 10.km, No:310, Bat?kent, Ankara, TUR
Koza Altin Izletmeleri AS is a Turkey-based gold production company. The company has over 200 exploration licenses throughout Turkey the Aegean and Marmara regions, the Black Sea region, and Central and Eastern Anatolia. The company owns four operating mines, including an underground mine at Ovacik, a mine in Cukuralan that utilises both underground and open pit mining methods, and an open pit mine at Kaymaz. The company also has feasibility stage projects located near Agri in northeast Turkey and projects in the middle of Turkey.

Koza Altin Izletmeleri AS (Koza Altin Izletmeleri AS) Headlines

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