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Sino-American Silicon Products (ROCO:5483) 6-1 Month Momentum % : -2.49% (As of Jun. 20, 2024)


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What is Sino-American Silicon Products 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 (2024-06-20), Sino-American Silicon Products's 6-1 Month Momentum % is -2.49%.

The industry rank for Sino-American Silicon Products's 6-1 Month Momentum % or its related term are showing as below:

ROCO:5483's 6-1 Month Momentum % is ranked better than
52.7% of 981 companies
in the Semiconductors industry
Industry Median: -3.6 vs ROCO:5483: -2.49

Competitive Comparison of Sino-American Silicon Products's 6-1 Month Momentum %

For the Semiconductor Equipment & Materials subindustry, Sino-American Silicon Products'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.


Sino-American Silicon Products's 6-1 Month Momentum % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sino-American Silicon Products's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Sino-American Silicon Products's 6-1 Month Momentum % falls into.



Sino-American Silicon Products  (ROCO:5483) 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.


Sino-American Silicon Products  (ROCO:5483) 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.


Sino-American Silicon Products 6-1 Month Momentum % Related Terms

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Sino-American Silicon Products (ROCO:5483) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Industrial East Road 2, 4th Floor, Science Based Industrial Park, Hsinchu, TWN
Founded in 1981, Sino-American Silicon Products Inc., or SAS is a holding company specializing in the semiconductor industry. Its crown jewel is its 51% stake in silicon wafer producer GlobalWafers, which was carved out in 2011. GlobalWafers runs 17 production sites in nine countries across Asia, North America, and Europe. Other notable investments include Advanced Wireless Semiconductor Company, or AWSC, and Taiwan Specialty Materials. SAS started selling renewable energy to power grids in October 2022. SAS is headquartered in Hsinchu, Taiwan. SAS employs more than 8,000 people through its subsidiaries.

Sino-American Silicon Products (ROCO:5483) Headlines

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