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Kohsai Co (TSE:7878) 6-1 Month Momentum % : -17.45% (As of Dec. 13, 2024)


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What is Kohsai 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 (2024-12-13), Kohsai Co's 6-1 Month Momentum % is -17.45%.

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

TSE:7878's 6-1 Month Momentum % is ranked worse than
82.17% of 1116 companies
in the Retail - Cyclical industry
Industry Median: -2.785 vs TSE:7878: -17.45

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

For the Luxury Goods subindustry, Kohsai 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.


Kohsai Co's 6-1 Month Momentum % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kohsai Co's 6-1 Month Momentum % distribution charts can be found below:

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



Kohsai Co  (TSE:7878) 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.


Kohsai Co  (TSE:7878) 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.


Kohsai Co 6-1 Month Momentum % Related Terms

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Kohsai Co Business Description

Traded in Other Exchanges
N/A
Address
3049 Ryuji, Yamanashi prefecture, Kai-shi, JPN, 400-0194
Kohsai Co Ltd engages in the jewelry business. The company manufactures and sells of jewelry, metal accessories, and jewelry parts. It also provides property, casualty, and life insurance services. Its products include clasps, rings, pierce/catches, earrings, and pendants, men's cuff, rings and others.

Kohsai Co Headlines

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