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Atlas Bangladesh (DHA:ATLASBANG) 12-1 Month Momentum %

: 9.92% (As of Today)
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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2022-12-02), Atlas Bangladesh's 12-1 Month Momentum % is 9.92%.

The industry rank for Atlas Bangladesh's 12-1 Month Momentum % or its related term are showing as below:

DHA:ATLASBANG's 12-1 Month Momentum % is ranked better than
78.51% of 1210 companies
in the Vehicles & Parts industry
Industry Median: -12.18 vs DHA:ATLASBANG: 9.92

Atlas Bangladesh (DHA:ATLASBANG) 12-1 Month Momentum % Competitive Comparison

For the Auto & Truck Dealerships subindustry, Atlas Bangladesh'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.

   

Atlas Bangladesh (DHA:ATLASBANG) 12-1 Month Momentum % Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Atlas Bangladesh's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Atlas Bangladesh's 12-1 Month Momentum % falls into.



Atlas Bangladesh  (DHA:ATLASBANG) 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.


Atlas Bangladesh  (DHA:ATLASBANG) 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.


Atlas Bangladesh 12-1 Month Momentum % Related Terms

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Atlas Bangladesh (DHA:ATLASBANG) Business Description

Atlas Bangladesh logo
Traded in Other Exchanges
N/A
Address
265-267 Tongi Industrial Area, Tongi, BGD
Atlas Bangladesh Ltd imports and distributes motorcycles and spare parts for motorcycles in Bangladesh. It is also involved in the manufacturing of motorcycle components for major motorcycle manufacturers.

Atlas Bangladesh (DHA:ATLASBANG) Headlines

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