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AEM Holdings (SGX:AWX) 6-1 Month Momentum % : -28.61% (As of May. 28, 2024)


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What is AEM Holdings 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 (2024-05-28), AEM Holdings's 6-1 Month Momentum % is -28.61%.

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

SGX:AWX's 6-1 Month Momentum % is ranked worse than
86.14% of 974 companies
in the Semiconductors industry
Industry Median: -3.87 vs SGX:AWX: -28.61

Competitive Comparison of AEM Holdings's 6-1 Month Momentum %

For the Semiconductor Equipment & Materials subindustry, AEM Holdings'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.


AEM Holdings's 6-1 Month Momentum % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, AEM Holdings's 6-1 Month Momentum % distribution charts can be found below:

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



AEM Holdings  (SGX:AWX) 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.


AEM Holdings  (SGX:AWX) 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.


AEM Holdings 6-1 Month Momentum % Related Terms

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AEM Holdings (SGX:AWX) Business Description

Traded in Other Exchanges
Address
52 Serangoon North Avenue 4, Singapore, SGP, 555853
AEM Holdings Ltd is a Singapore-based investment holding company. The group is primarily engaged in designing and manufacturing semiconductor manufacturing equipment and related tooling parts and precision machining of components. The operating segments of the group are Test Cell Solutions (TCS); Instrumentation (INS); Contract Manufacturing (CM) and Others. The group generates the majority of the revenue from the TCS segment. The Test systems solutions segment provides customized system solutions involving high-speed motion and mechanical design to both mass-volume manufacturers and technology development laboratories. The group operates in Singapore, Malaysia, China, the USA, Vietnam, Finland, and Other countries.

AEM Holdings (SGX:AWX) Headlines

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