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The Southern Rubber Industry JSC (STC:CSM) 6-1 Month Momentum % : 32.16% (As of Apr. 26, 2025)


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What is The Southern Rubber Industry JSC 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 (2025-04-26), The Southern Rubber Industry JSC's 6-1 Month Momentum % is 32.16%.

The industry rank for The Southern Rubber Industry JSC's 6-1 Month Momentum % or its related term are showing as below:

STC:CSM's 6-1 Month Momentum % is ranked better than
87.38% of 1315 companies
in the Vehicles & Parts industry
Industry Median: -0.18 vs STC:CSM: 32.16

Competitive Comparison of The Southern Rubber Industry JSC's 6-1 Month Momentum %

For the Auto Parts subindustry, The Southern Rubber Industry JSC'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.


The Southern Rubber Industry JSC's 6-1 Month Momentum % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, The Southern Rubber Industry JSC's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where The Southern Rubber Industry JSC's 6-1 Month Momentum % falls into.


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The Southern Rubber Industry JSC  (STC:CSM) 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.


The Southern Rubber Industry JSC  (STC:CSM) 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.


The Southern Rubber Industry JSC 6-1 Month Momentum % Related Terms

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The Southern Rubber Industry JSC Business Description

Traded in Other Exchanges
N/A
Address
180 Nguyen Thi Minh Khai, Ward 6, District 3, Ho Chi Minh, VNM
The Southern Rubber Industry JSC is a Vietnam-based manufacturer and seller of tires and tubes. The company offers trucks and light trucks tires and tubes, motorcycle tires and tubes, passenger car radial tires, bicycle tires and tubes, industrial tires and tubes, electric vehicle tires and tubes, specific tires and tubes, and other products. The organization has a business presence in Vietnam and other countries.

The Southern Rubber Industry JSC Headlines