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China Container Terminal (TPE:2613) 6-1 Month Momentum % : 61.45% (As of Oct. 31, 2024)


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What is China Container Terminal 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), China Container Terminal's 6-1 Month Momentum % is 61.45%.

The industry rank for China Container Terminal's 6-1 Month Momentum % or its related term are showing as below:

TPE:2613's 6-1 Month Momentum % is ranked better than
94.65% of 1046 companies
in the Transportation industry
Industry Median: 2.5 vs TPE:2613: 61.45

Competitive Comparison of China Container Terminal's 6-1 Month Momentum %

For the Marine Shipping subindustry, China Container Terminal'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.


China Container Terminal's 6-1 Month Momentum % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Container Terminal's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where China Container Terminal's 6-1 Month Momentum % falls into.



China Container Terminal  (TPE:2613) 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.


China Container Terminal  (TPE:2613) 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.


China Container Terminal 6-1 Month Momentum % Related Terms

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China Container Terminal Business Description

Traded in Other Exchanges
N/A
Address
275, Datong Road, Section 3, Xizhi District, Taipei, TWN
China Container Terminal Corp is engaged in contracted operations of container freight stations at the port and on land as well as ship stevedore operations in commercial port areas.

China Container Terminal Headlines

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