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Hanssem Co (XKRX:009240) 6-1 Month Momentum % : -23.31% (As of May. 03, 2025)


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What is Hanssem 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 (2025-05-03), Hanssem Co's 6-1 Month Momentum % is -23.31%.

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

XKRX:009240's 6-1 Month Momentum % is ranked worse than
81.6% of 451 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: -6.1 vs XKRX:009240: -23.31

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

For the Furnishings, Fixtures & Appliances subindustry, Hanssem 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.


Hanssem Co's 6-1 Month Momentum % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hanssem Co's 6-1 Month Momentum % distribution charts can be found below:

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


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Hanssem Co  (XKRX:009240) 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.


Hanssem Co  (XKRX:009240) 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.


Hanssem Co 6-1 Month Momentum % Related Terms

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Hanssem Co Business Description

Traded in Other Exchanges
N/A
Address
144 Beonyeong 2-ro, Danwon-Gu, Gyeonggi-do, Ansan-si, KOR
Hanssem Co Ltd is a Korea-based company primarily engaged in the manufacture and distribution of furniture, appliances, household accessories, fabric products, etc. It provides furniture used for kitchens, bedrooms, living rooms, bathrooms, and other spaces. All items are supplied through large direct stores, kitchen-and-interior-specialized stores, online shopping malls, and interior affiliated stores.

Hanssem Co Headlines

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