Apaman Co (TSE:8889) 6-1 Month Momentum % : 6.09% (As of Jun. 20, 2024)

View and export this data going back to 2001. Start your Free Trial

What is Apaman 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 (2024-06-20), Apaman Co's 6-1 Month Momentum % is 6.09%.

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

TSE:8889's 6-1 Month Momentum % is ranked better than
57.45% of 1873 companies
in the Real Estate industry
Industry Median: 2.78 vs TSE:8889: 6.09

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

For the Real Estate Services subindustry, Apaman 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.

Apaman Co's 6-1 Month Momentum % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Apaman Co's 6-1 Month Momentum % distribution charts can be found below:

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

Apaman Co (TSE:8889) 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.

Apaman Co (TSE:8889) 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.

Apaman Co 6-1 Month Momentum % Related Terms

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

Apaman Co (TSE:8889) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Apaman Co Ltd (TSE:8889) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Central Building 1-1-5 Kyobashi, Chuo-ku, Tokyo, JPN, 104-0031

Website

http://www.apamanshop-hd.co.jp

Apaman Co Ltd, is a Japan-based holding company that manages the business and optimal distribution of resources for overall group companies. Under its real estate leasing business, the company manages stores and franchise. The property management business offers rental management and sub-leasing services. It is also engaged in the principal investment and fund management business. It operates as a property broker in Japan.

Apaman Co (TSE:8889) Headlines

No Headlines