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Vincom Retail JSC (STC:VRE) 6-1 Month Momentum % : -2.83% (As of Jun. 25, 2024)


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What is Vincom Retail 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 (2024-06-25), Vincom Retail JSC's 6-1 Month Momentum % is -2.83%.

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

STC:VRE's 6-1 Month Momentum % is ranked worse than
58.69% of 1881 companies
in the Real Estate industry
Industry Median: 1.85 vs STC:VRE: -2.83

Competitive Comparison of Vincom Retail JSC's 6-1 Month Momentum %

For the Real Estate Services subindustry, Vincom Retail 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.


Vincom Retail JSC's 6-1 Month Momentum % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Vincom Retail JSC's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Vincom Retail JSC's 6-1 Month Momentum % falls into.



Vincom Retail JSC  (STC:VRE) 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.


Vincom Retail JSC  (STC:VRE) 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.


Vincom Retail JSC 6-1 Month Momentum % Related Terms

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Vincom Retail JSC (STC:VRE) Business Description

Traded in Other Exchanges
N/A
Address
No.7 Bang Lang 1 Street, Vinhomes Riverside Urban Area, Viet Hung Ward, Long Bien District, Hanoi, VNM
Vincom Retail JSC is real estate service provider in Vietnam. The company is engaged in developing and operating shopping center and shopping malls.