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Tung Thih Electronic Co (ROCO:3552) 6-1 Month Momentum % : 7.07% (As of Mar. 15, 2025)


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What is Tung Thih Electronic Co 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), Tung Thih Electronic Co's 6-1 Month Momentum % is 7.07%.

The industry rank for Tung Thih Electronic Co's 6-1 Month Momentum % or its related term are showing as below:

ROCO:3552's 6-1 Month Momentum % is ranked better than
58.8% of 1318 companies
in the Vehicles & Parts industry
Industry Median: 0.76 vs ROCO:3552: 7.07

Competitive Comparison of Tung Thih Electronic Co's 6-1 Month Momentum %

For the Auto Parts subindustry, Tung Thih Electronic Co'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.


Tung Thih Electronic Co's 6-1 Month Momentum % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tung Thih Electronic Co's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Tung Thih Electronic Co's 6-1 Month Momentum % falls into.



Tung Thih Electronic Co  (ROCO:3552) 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.


Tung Thih Electronic Co  (ROCO:3552) 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.


Tung Thih Electronic Co 6-1 Month Momentum % Related Terms

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Tung Thih Electronic Co Business Description

Traded in Other Exchanges
N/A
Address
Nanqing Road, No.9, Lane 1156, Luzhu District, Taoyuan, TWN, 338
Tung Thih Electronic Co Ltd is a Taiwan-based automotive electronic products and components manufacturer. The group offers an ultrasonic system for parking assistance, an imaging system that assists in the area of blind areas and an obstacle to reducing collision accidents, and a radio system that includes automotive safety and information communication systems used for vehicle safety and driving convenience, air conditioning control, vehicle information display, windshield wiper control, lighting, car door lock, and power window control, wireless tire pressure detection systems, electric seat, and others. It offers reversing and front sensors, alarm systems, Bluetooth systems, central door locking systems, and other automobile electronic parts in Taiwan and overseas markets.

Tung Thih Electronic Co Headlines

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