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JGC Holdings (TSE:1963) 6-1 Month Momentum % : 7.05% (As of Dec. 15, 2024)


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What is JGC Holdings 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 (2024-12-15), JGC Holdings's 6-1 Month Momentum % is 7.05%.

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

TSE:1963's 6-1 Month Momentum % is ranked better than
63.97% of 1832 companies
in the Construction industry
Industry Median: -1.51 vs TSE:1963: 7.05

Competitive Comparison of JGC Holdings's 6-1 Month Momentum %

For the Engineering & Construction subindustry, JGC Holdings'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.


JGC Holdings's 6-1 Month Momentum % Distribution in the Construction Industry

For the Construction industry and Industrials sector, JGC Holdings's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where JGC Holdings's 6-1 Month Momentum % falls into.



JGC Holdings  (TSE:1963) 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.


JGC Holdings  (TSE:1963) 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.


JGC Holdings 6-1 Month Momentum % Related Terms

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JGC Holdings Business Description

Traded in Other Exchanges
Address
2-3-1, Minato Mirai, Nishi-Ku, Kanagawa, Yokohama-shi, JPN, 220-6001
JGC Holdings Corp offers planning, consulting, materials procurement, construction, operation, and maintenance for various plants and facilities. In addition, it invests in oil and gas field development projects and utility businesses. The company has two operating segments: total engineering the (majority of total revenue); and catalysts and fine products. It constructs and performs tests on machinery and plants for multiple energy and industrial markets. The company utilizes engineering technology and project management capabilities. Additional sales are generated from providing operational support after completion of projects. Asia is an important region for the company, but the company also sells to Australia, the Middle East, and North America.

JGC Holdings Headlines

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