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Jay Bee Laminations (NSE:JAYBEE) 6-1 Month Momentum % : -17.37% (As of Mar. 15, 2025)


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What is Jay Bee Laminations 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 (2025-03-15), Jay Bee Laminations's 6-1 Month Momentum % is -17.37%.

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

NSE:JAYBEE's 6-1 Month Momentum % is ranked worse than
81.54% of 3028 companies
in the Industrial Products industry
Industry Median: 7.82 vs NSE:JAYBEE: -17.37

Competitive Comparison of Jay Bee Laminations's 6-1 Month Momentum %

For the Metal Fabrication subindustry, Jay Bee Laminations'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.


Jay Bee Laminations's 6-1 Month Momentum % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jay Bee Laminations's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Jay Bee Laminations's 6-1 Month Momentum % falls into.



Jay Bee Laminations  (NSE:JAYBEE) 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.


Jay Bee Laminations  (NSE:JAYBEE) 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.


Jay Bee Laminations 6-1 Month Momentum % Related Terms

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Jay Bee Laminations Business Description

Traded in Other Exchanges
N/A
Address
Gautam Buddha Nagar, A 18 19 and 21, Phase II Noida, Nagla Charandas, Dadri, Noida, UP, IND, 201305
Jay Bee Laminations Ltd manufactures and supplies products that include electrical laminations, slit coils, and assembled cores made of Cold Rolled Grain Oriented Silicon steel and Cold-Rolled Non-Grain Oriented Steel for applications in transformers, UPS, and inverters, for end-use in the power industry.

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