GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing YJK Building Software Co Ltd (SZSE:300935) » Definitions » 6-1 Month Momentum %

Beijing YJK Building Software Co (SZSE:300935) 6-1 Month Momentum % : 44.81% (As of Dec. 14, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Beijing YJK Building Software 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), Beijing YJK Building Software Co's 6-1 Month Momentum % is 44.81%.

The industry rank for Beijing YJK Building Software Co's 6-1 Month Momentum % or its related term are showing as below:

SZSE:300935's 6-1 Month Momentum % is ranked better than
83.88% of 2817 companies
in the Software industry
Industry Median: -0.45 vs SZSE:300935: 44.81

Competitive Comparison of Beijing YJK Building Software Co's 6-1 Month Momentum %

For the Software - Application subindustry, Beijing YJK Building Software 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.


Beijing YJK Building Software Co's 6-1 Month Momentum % Distribution in the Software Industry

For the Software industry and Technology sector, Beijing YJK Building Software Co's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Beijing YJK Building Software Co's 6-1 Month Momentum % falls into.



Beijing YJK Building Software Co  (SZSE:300935) 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.


Beijing YJK Building Software Co  (SZSE:300935) 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.


Beijing YJK Building Software Co 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Beijing YJK Building Software Co's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing YJK Building Software Co Business Description

Traded in Other Exchanges
N/A
Address
11 Huayuan East Road, Room 413, 4th Floor, Taixing Building, Haidian District, Beijing, CHN, 100191
Beijing YJK Building Software Co Ltd develops and provides building structure design software and consulting services. The company's building structure design software system includes building structure calculation software, basic design software, masonry structure design software, structural construction drawing design software and interface software and others.
Executives
Chen Dai Lin Director
Han Yan Wei Supervisors
Liang Bo Supervisors

Beijing YJK Building Software Co Headlines

No Headlines