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National Tea Co (DHA:NTC) 12-1 Month Momentum %

: 16.71% (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), National Tea Co's 12-1 Month Momentum % is 16.71%.

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

DHA:NTC's 12-1 Month Momentum % is ranked better than
80.98% of 1893 companies
in the Consumer Packaged Goods industry
Industry Median: -9.33 vs DHA:NTC: 16.71

National Tea Co (DHA:NTC) 12-1 Month Momentum % Competitive Comparison

For the Farm Products subindustry, National Tea 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.

   

National Tea Co (DHA:NTC) 12-1 Month Momentum % Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, National Tea Co's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where National Tea Co's 12-1 Month Momentum % falls into.



National Tea Co  (DHA:NTC) 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.


National Tea Co  (DHA:NTC) 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.


National Tea Co 12-1 Month Momentum % Related Terms

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National Tea Co (DHA:NTC) Business Description

National Tea Co logo
Traded in Other Exchanges
N/A
Address
BGIC Tower 7th Floor, 34, Topkhana Road, Dhaka, BGD, 1000
National Tea Co Ltd is engaged in the business of plantation, cultivation, manufacturing and selling of tea and rubber.

National Tea Co (DHA:NTC) Headlines

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