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LHN Logistics (SGX:GIH) 6-1 Month Momentum % : 39.75% (As of Oct. 31, 2024)


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What is LHN Logistics 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 (2024-10-31), LHN Logistics's 6-1 Month Momentum % is 39.75%.

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

SGX:GIH's 6-1 Month Momentum % is not ranked
in the Transportation industry.
Industry Median: 2.5 vs SGX:GIH: 39.75

Competitive Comparison of LHN Logistics's 6-1 Month Momentum %

For the Integrated Freight & Logistics subindustry, LHN Logistics'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.


LHN Logistics's 6-1 Month Momentum % Distribution in the Transportation Industry

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

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



LHN Logistics  (SGX:GIH) 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.


LHN Logistics  (SGX:GIH) 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.


LHN Logistics 6-1 Month Momentum % Related Terms

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LHN Logistics Business Description

Traded in Other Exchanges
N/A
Address
10 Raeburn Park No. 02-15B, Singapore, SGP, 088702
LHN Logistics Ltd is a logistics services group with two principal business segments, namely, transportation and container depot services. Geographically it derives a majority of its revenue from Singapore.

LHN Logistics Headlines

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