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Gateway Distriparks (NSE:GATEWAY) 6-1 Month Momentum % : -12.90% (As of Dec. 11, 2024)


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What is Gateway Distriparks 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 (2024-12-11), Gateway Distriparks's 6-1 Month Momentum % is -12.90%.

The industry rank for Gateway Distriparks's 6-1 Month Momentum % or its related term are showing as below:

NSE:GATEWAY's 6-1 Month Momentum % is ranked worse than
76.56% of 1041 companies
in the Transportation industry
Industry Median: -0.78 vs NSE:GATEWAY: -12.90

Competitive Comparison of Gateway Distriparks's 6-1 Month Momentum %

For the Integrated Freight & Logistics subindustry, Gateway Distriparks'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.


Gateway Distriparks's 6-1 Month Momentum % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Gateway Distriparks's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Gateway Distriparks's 6-1 Month Momentum % falls into.



Gateway Distriparks  (NSE:GATEWAY) 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.


Gateway Distriparks  (NSE:GATEWAY) 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.


Gateway Distriparks 6-1 Month Momentum % Related Terms

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Gateway Distriparks Business Description

Traded in Other Exchanges
Address
Prius Platinum, 4th Floor, Saket District Centre, New Delhi, IND, 110 017
Gateway Distriparks Ltd is a company, that engages in the provision of logistics solutions for the international trading community and the shipping industry. Its business verticals include Container Freight Station, Inland Container Depots (ICD) with rail movement of containers to major maritime ports, and Cold Chain Storage and Logistics. It offers services for handling (including related transport), temporary storage of import/export laden and empty containers, and cargo carried under customs control.

Gateway Distriparks Headlines

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