GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China XD Plastics Co Ltd (OTCPK:CXDC) » Definitions » 12-1 Month Momentum %

China XD Plastics Co (China XD Plastics Co) 12-1 Month Momentum % : -72.45% (As of Apr. 27, 2024)


View and export this data going back to 2007. Start your Free Trial

What is China XD Plastics Co 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-27), China XD Plastics Co's 12-1 Month Momentum % is -72.45%.

The industry rank for China XD Plastics Co's 12-1 Month Momentum % or its related term are showing as below:

CXDC's 12-1 Month Momentum % is not ranked
in the Chemicals industry.
Industry Median: -5.93 vs CXDC: -72.45

Competitive Comparison of China XD Plastics Co's 12-1 Month Momentum %

For the Specialty Chemicals subindustry, China XD Plastics Co's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 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.


China XD Plastics Co's 12-1 Month Momentum % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China XD Plastics Co's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where China XD Plastics Co's 12-1 Month Momentum % falls into.



China XD Plastics Co  (OTCPK:CXDC) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-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.


China XD Plastics Co  (OTCPK:CXDC) 12-1 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 12-1 Month Momentum % measures the total return to a stock over the past twelve 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.


China XD Plastics Co 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of China XD Plastics Co's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


China XD Plastics Co (China XD Plastics Co) Business Description

Traded in Other Exchanges
N/A
Address
Number 9 Dalian North Road, Haping Road Centralized Industrial Park, Harbin Development Zone, Heilongjiang, CHN, 150060
China XD Plastics Co Ltd manufactures special plastic material that is used for automobiles. Its product offering includes automobile exteriors, interiors and other components such as air conditioner casing, heating and ventilation casing, engine covers and air ducts which marketed are predominantly sold in China.
Executives
Dahe Zhang director, officer: Chief Financial Officer 500 5TH AVENUE, SUITE 4120, NEW YORK NY 10110
Jie Han director, 10 percent owner, officer: Chief Executive Officer NO 9 QINLING RD, YINGBIN RD, CENTRALIZED IND PARK, HARBIN DEVELP CTR HEILONGJIANG F4 150078
Qingwei Ma officer: Chief Operating Officer NO 9 QINLING RD, YINGBIN RD, CENTRALIZED IND PARK, HARBIN DEVELP CTR HEILONGJIANG F4 150078
Faith Dawn Ltd 10 percent owner NO. 9 DALIAN NORTH ROAD HAPING ROAD CENTRALIZED INDUSTRIAL PARK HEILONGJIANG PROVINCE F4 00000
Faith Abundant Ltd 10 percent owner NO. 9 DALIAN NORTH ROAD HAPING ROAD CENTRALIZED INDUSTRIAL PARK HEILONGJIANG PROVINCE F4 00000
Guanbao Huang director NO. 9 DALIAN N RD, HAPING RD CEN IND PK HARBIN DEVELOPMENT ZONE HEILONGJIANG PROVINCE F4 150060
Huiyi Chen director NO. 9 DALIAN N RD, HAPING RD CEN IND PK HARBIN DEVELOPMENT ZONE HEILONGJIANG PROVINCE F4 150060
Junjie Ma officer: Chief Technology Officer NO 9 QINLING RD, YINGBIN RD, CENTRALIZED IND PARK, HARBIN DEVELP CTR HEILONGJIANG F4 150078
North Haven Private Equity Asia Iii, L.p. 10 percent owner, other: See Explanation of Responses 1585 BROADWAY NEW YORK NY 10036
North Haven Private Equity Asia Employee Investors Iii, L.p. 10 percent owner, other: See Explanation of Responses 1585 BROADWAY NEW YORK NY 10036
Ms Holdings Inc 10 percent owner, other: See Explanation of Responses 1585 BROADWAY NEW YORK NY 10036
Morgan Stanley Private Equity Asia Iii Holdings (cayman) Ltd 10 percent owner, other: See Explanation of Responses C/O WALKERS CORPORATE SERVICES LIMITED WALKER HOUSE, 87 MARY STREET GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Morgan Stanley Private Equity Asia Iii, L.l.c. 10 percent owner, other: See Explanation of Responses 1585 BROADWAY NEW YORK NY 10036
Morgan Stanley Private Equity Asia Iii, Inc. 10 percent owner, other: See Explanation of Responses 1585 BROADWAY NEW YORK NY 10036
Mspea Modified Plastics Holding Ltd 10 percent owner, other: See Explanation of Responses C/O WALKERS CORPORATE SERVICES LIMITED WALKER HOUSE, 87 MARY STREET GEORGE TOWN, GRAND CAYMAN E9 KYI-9005

China XD Plastics Co (China XD Plastics Co) Headlines

From GuruFocus

/C O R R E C T I O N -- China XD Plastics Company Limited/

By PRNewswire PRNewswire 05-29-2020