GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Eidai Kako Co Ltd (TSE:7877) » Definitions » 6-1 Month Momentum %

Eidai Kako Co (TSE:7877) 6-1 Month Momentum % : 2.02% (As of Apr. 28, 2025)


View and export this data going back to 1995. Start your Free Trial

What is Eidai Kako 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 (2025-04-28), Eidai Kako Co's 6-1 Month Momentum % is 2.02%.

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

TSE:7877's 6-1 Month Momentum % is ranked better than
72.25% of 1582 companies
in the Chemicals industry
Industry Median: -4.465 vs TSE:7877: 2.02

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

For the Specialty Chemicals subindustry, Eidai Kako 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.


Eidai Kako Co's 6-1 Month Momentum % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Eidai Kako Co's 6-1 Month Momentum % distribution charts can be found below:

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


;
;

Eidai Kako Co  (TSE:7877) 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.


Eidai Kako Co  (TSE:7877) 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.


Eidai Kako Co 6-1 Month Momentum % Related Terms

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


Eidai Kako Co Business Description

Traded in Other Exchanges
N/A
Address
3-9 Hirano-Kita, 2-Chome, Hirano-Ku, Osaka, JPN, 547 0041
Eidai Kako Co Ltd Is a Japan based company engaged in manufacturing and trading synthetic resin sheets. It offers synthetic molded plastic for interior and exterior parts for home appliances, and residential building materials for interior and exterior applications. The company also offers housing building materials, home appliance components, industrial parts, floor mats for automobiles, and IC related parts, among others. The business segments of the company are Automotive supplies division and Industrial materials division.

Eidai Kako Co Headlines

No Headlines