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Tien Wah Press Holdings Bhd (XKLS:7374) 6-1 Month Momentum % : -3.93% (As of Dec. 15, 2024)


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What is Tien Wah Press Holdings Bhd 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), Tien Wah Press Holdings Bhd's 6-1 Month Momentum % is -3.93%.

The industry rank for Tien Wah Press Holdings Bhd's 6-1 Month Momentum % or its related term are showing as below:

XKLS:7374's 6-1 Month Momentum % is ranked worse than
54.15% of 1071 companies
in the Business Services industry
Industry Median: -2.06 vs XKLS:7374: -3.93

Competitive Comparison of Tien Wah Press Holdings Bhd's 6-1 Month Momentum %

For the Specialty Business Services subindustry, Tien Wah Press Holdings Bhd'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.


Tien Wah Press Holdings Bhd's 6-1 Month Momentum % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tien Wah Press Holdings Bhd's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Tien Wah Press Holdings Bhd's 6-1 Month Momentum % falls into.



Tien Wah Press Holdings Bhd  (XKLS:7374) 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.


Tien Wah Press Holdings Bhd  (XKLS:7374) 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.


Tien Wah Press Holdings Bhd 6-1 Month Momentum % Related Terms

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Tien Wah Press Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Jalan Prof. Khoo Kay Kim, Lot 03-8, 8th Floor, Menara Symphony, Seksyen 13, Petaling Jaya, SGR, MYS, 46200
Tien Wah Press Holdings Bhd is a print packaging company. It offers a packaging solution and produces mainly gravure and offset printed materials for tobacco packaging including cigarette packs, fast-moving consumer product packaging, and labels. Products of the group include flat unglued blanks, crash bottom or auto-lock cartons, labeled cartons, cartons with peelable labels/stickers, clamshells, and trays, UV coated cartons, glued skillet cartons, multiwall cartons comprising inner frames, cartons with CD inserts and barrier coated carton for grease and moisture resistance. The operating segment of the company is Printing and Trading and is managed on a worldwide basis and manufacturing facilities and sales offices are in Malaysia, Vietnam, Australia, United Arab Emirates, and Hong Kong.

Tien Wah Press Holdings Bhd Headlines

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