GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vietnam National Seed Group JSC (STC:NSC) » Definitions » 6-1 Month Momentum %

Vietnam National Seed Group JSC (STC:NSC) 6-1 Month Momentum % : 4.74% (As of Dec. 15, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Vietnam National Seed Group 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 (2024-12-15), Vietnam National Seed Group JSC's 6-1 Month Momentum % is 4.74%.

The industry rank for Vietnam National Seed Group JSC's 6-1 Month Momentum % or its related term are showing as below:

STC:NSC's 6-1 Month Momentum % is ranked better than
60.82% of 2024 companies
in the Consumer Packaged Goods industry
Industry Median: -1.255 vs STC:NSC: 4.74

Competitive Comparison of Vietnam National Seed Group JSC's 6-1 Month Momentum %

For the Farm Products subindustry, Vietnam National Seed Group 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.


Vietnam National Seed Group JSC's 6-1 Month Momentum % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vietnam National Seed Group JSC's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Vietnam National Seed Group JSC's 6-1 Month Momentum % falls into.



Vietnam National Seed Group JSC  (STC:NSC) 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.


Vietnam National Seed Group JSC  (STC:NSC) 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.


Vietnam National Seed Group JSC 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Vietnam National Seed Group JSC's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Vietnam National Seed Group JSC Business Description

Traded in Other Exchanges
N/A
Address
1 Luong Dinh Cua Street, Phuong Mai Ward, Dong Da District, Hanoi, VNM
Vietnam National Seed Group JSC is a Vietnam based company involved in the production, sales, import and export of agricultural products and agricultural materials. Its products include hybrid and pure rice seeds; corn seeds; vegetable seeds comprising green beans seeds and others.