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Hubei Tech Semiconductors Co (SZSE:300046) 6-1 Month Momentum % : 136.32% (As of Dec. 14, 2024)


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What is Hubei Tech Semiconductors 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 (2024-12-14), Hubei Tech Semiconductors Co's 6-1 Month Momentum % is 136.32%.

The industry rank for Hubei Tech Semiconductors Co's 6-1 Month Momentum % or its related term are showing as below:

SZSE:300046's 6-1 Month Momentum % is ranked better than
98.29% of 993 companies
in the Semiconductors industry
Industry Median: -13.61 vs SZSE:300046: 136.32

Competitive Comparison of Hubei Tech Semiconductors Co's 6-1 Month Momentum %

For the Semiconductor Equipment & Materials subindustry, Hubei Tech Semiconductors 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.


Hubei Tech Semiconductors Co's 6-1 Month Momentum % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Hubei Tech Semiconductors Co's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Hubei Tech Semiconductors Co's 6-1 Month Momentum % falls into.



Hubei Tech Semiconductors Co  (SZSE:300046) 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.


Hubei Tech Semiconductors Co  (SZSE:300046) 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.


Hubei Tech Semiconductors Co 6-1 Month Momentum % Related Terms

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Hubei Tech Semiconductors Co Business Description

Traded in Other Exchanges
N/A
Address
No.162 Shengli Street, Licheng District, Hubei, Xiangfan, CHN
Hubei Tech Semiconductors Co Ltd is engaged in the development, manufacturing, and related services of high power thyristors and modules. The products of the company include KK series, KP series, and KS series.
Executives
Zhang Zhi Hao Director
Jia Hua Fang Independent director

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