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Aval Data (TSE:6918) 6-1 Month Momentum % : -39.49% (As of Dec. 15, 2024)


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What is Aval Data 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), Aval Data's 6-1 Month Momentum % is -39.49%.

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

TSE:6918's 6-1 Month Momentum % is ranked worse than
92.95% of 2467 companies
in the Hardware industry
Industry Median: -1.82 vs TSE:6918: -39.49

Competitive Comparison of Aval Data's 6-1 Month Momentum %

For the Computer Hardware subindustry, Aval Data'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.


Aval Data's 6-1 Month Momentum % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Aval Data's 6-1 Month Momentum % distribution charts can be found below:

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



Aval Data  (TSE:6918) 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.


Aval Data  (TSE:6918) 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.


Aval Data 6-1 Month Momentum % Related Terms

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Aval Data Business Description

Traded in Other Exchanges
N/A
Address
Asahi-cho 1-chome 25-10, Machida-shi, Tokyo, JPN, 194-0023
Aval Data Corporation is engaged in manufacturing and selling of general communication equipment, industrial measuring instruments, electronic applied devices, and others. The company's products offerings include CPU, Single board, Image recording system, A/D conversion board, GiGA Channel, among others.

Aval Data Headlines

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