GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ValueCommerce Co Ltd (TSE:2491) » Definitions » 6-1 Month Momentum %

ValueCommerce Co (TSE:2491) 6-1 Month Momentum % : -19.55% (As of Jun. 12, 2024)


View and export this data going back to 2006. Start your Free Trial

What is ValueCommerce 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 (2024-06-12), ValueCommerce Co's 6-1 Month Momentum % is -19.55%.

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

TSE:2491's 6-1 Month Momentum % is ranked worse than
74.91% of 1056 companies
in the Media - Diversified industry
Industry Median: -3.255 vs TSE:2491: -19.55

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

For the Advertising Agencies subindustry, ValueCommerce 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.


ValueCommerce Co's 6-1 Month Momentum % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, ValueCommerce Co's 6-1 Month Momentum % distribution charts can be found below:

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



ValueCommerce Co  (TSE:2491) 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.


ValueCommerce Co  (TSE:2491) 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.


ValueCommerce Co 6-1 Month Momentum % Related Terms

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


ValueCommerce Co (TSE:2491) Business Description

Traded in Other Exchanges
N/A
Address
Nihonseimei Akasaka Building 5F, 8-1-19 Akasaka, Minato, Tokyo, JPN, 107-0052
ValueCommerce Co Ltd is a Japan-based information technology company engaged in the provision of internet advertising delivery services. The company's service portfolio comprises affiliate marketing service, StoreMatch service and Store's R8. The affiliate marketing service provides compensation based on the performances of advertising for e-commerce sites. The StoreMatch Service provides pay-per-click internet advertising for stores listing on online shopping malls. The Store's R8 service is a marketing automation system customized for Yahoo! shopping.

ValueCommerce Co (TSE:2491) Headlines

No Headlines