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Jiangsu Shuangxing Color Plastic New Materials Co (SZSE:002585) 6-1 Month Momentum % : -11.65% (As of Oct. 31, 2024)


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What is Jiangsu Shuangxing Color Plastic New Materials Co 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), Jiangsu Shuangxing Color Plastic New Materials Co's 6-1 Month Momentum % is -11.65%.

The industry rank for Jiangsu Shuangxing Color Plastic New Materials Co's 6-1 Month Momentum % or its related term are showing as below:

SZSE:002585's 6-1 Month Momentum % is ranked worse than
78.44% of 422 companies
in the Packaging & Containers industry
Industry Median: -0.24 vs SZSE:002585: -11.65

Competitive Comparison of Jiangsu Shuangxing Color Plastic New Materials Co's 6-1 Month Momentum %

For the Packaging & Containers subindustry, Jiangsu Shuangxing Color Plastic New Materials Co'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.


Jiangsu Shuangxing Color Plastic New Materials Co's 6-1 Month Momentum % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Jiangsu Shuangxing Color Plastic New Materials Co's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Jiangsu Shuangxing Color Plastic New Materials Co's 6-1 Month Momentum % falls into.



Jiangsu Shuangxing Color Plastic New Materials Co  (SZSE:002585) 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.


Jiangsu Shuangxing Color Plastic New Materials Co  (SZSE:002585) 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.


Jiangsu Shuangxing Color Plastic New Materials Co 6-1 Month Momentum % Related Terms

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Jiangsu Shuangxing Color Plastic New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
1 Jingtou Street, Suqian City, Jiangsu Province, CHN, 223808
Jiangsu Shuangxing Color Plastic New Materials Co Ltd is engaged in the development and production of plastic packaging materials in China. Its products include Metallized Film, Ployester Film, Hot Stamping Film, Transfer Film, Card Protection Film, Yarn Grade Film, Decorative Film, Laser Film, Thermal Sealable Film and Solar Film. The company distributes its products in domestic and to overseas markets.
Executives
Ding Yan Sen Executives
Li Ping Executives
Zou Xue Mei Directors, executives
Wu Di Directors, Directors, and Executives
Sun Hua Bin Executives
Lu Jing Quan Executives
Ge Lin Executives
Pan Jian Zhong Executives
Wu Pei Fu Directors, executives
Cao Wei Director
Lu Jing Chao Executives

Jiangsu Shuangxing Color Plastic New Materials Co Headlines

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