SELECT * FROM `stock_list` where symbol='1911' AND exchange = 'TSE' limit 0,1
SELECT * FROM `stock_list` where symbol='1911' AND exchange = 'TSE' limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "1911" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 Sumitomo Forestry Co (TSE:1911) 6-1 Month Momentum %
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Sumitomo Forestry Co Ltd (TSE:1911) » Definitions » 6-1 Month Momentum %

Sumitomo Forestry Co (TSE:1911) 6-1 Month Momentum % : 46.11% (As of May. 01, 2024)


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What is Sumitomo Forestry 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 (2024-05-01), Sumitomo Forestry Co's 6-1 Month Momentum % is 46.11%.

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

TSE:1911's 6-1 Month Momentum % is ranked better than
67.27% of 110 companies
in the Homebuilding & Construction industry
Industry Median: 17.075 vs TSE:1911: 46.11

Competitive Comparison of Sumitomo Forestry Co's 6-1 Month Momentum %

For the Residential Construction subindustry, Sumitomo Forestry 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.

Sumitomo Forestry Co's 6-1 Month Momentum % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Sumitomo Forestry Co's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Sumitomo Forestry Co's 6-1 Month Momentum % falls into.


Sumitomo Forestry Co  (TSE:1911) 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.

Sumitomo Forestry Co  (TSE:1911) 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.

Sumitomo Forestry Co 6-1 Month Momentum % Related Terms

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Sumitomo Forestry Co (TSE:1911) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Sumitomo Forestry Co Ltd (TSE:1911) » Definitions » 6-1 Month Momentum %
Comparable Companies
TSE:3291 TSE:1808 TSE:8919 TSE:1419 TSE:8892 TSE:3284 NGO:1869 TSE:6073 TSE:8917 TSE:1873 DHI LEN NVR PHM TSE:1928 TOL LSE:BKG LSE:BDEV LSE:TW. MTH
Traded in Other Exchanges
5F6:Germany
Address
Keidanren Kaikan, 3-2, Otemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8270
Website
http://sfc.jp
Sumitomo Forestry Co Ltd is a diversified Japanese company that focuses on timber and building materials as well as residential construction. The company's timber business is one of Japan's leading suppliers of timber and also provides building and structural materials such as flooring and doors. It constructs custom-built single-family housing projects around Japan that use the company's timber materials and design. These two business units provide the majority of the company's revenue. Sumitomo Forestry operates timber and exporting businesses in Southeast Asia, Australia, and North America. It is also involved in forestry management, as it owns forests around Japan and Southeast Asia.

Sumitomo Forestry Co (TSE:1911) Headlines

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