China Unicom (Hong Kong) (HKSE:00762) 12-1 Month Momentum %

: -10.31% (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 (2024-04-19), China Unicom (Hong Kong)'s 12-1 Month Momentum % is -10.31%.

The industry rank for China Unicom (Hong Kong)'s 12-1 Month Momentum % or its related term are showing as below:

HKSE:00762's 12-1 Month Momentum % is ranked worse than
62.56% of 406 companies
in the Telecommunication Services industry
Industry Median: -6.825 vs HKSE:00762: -10.31

Competitive Comparison

For the Telecom Services subindustry, China Unicom (Hong Kong)'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 Unicom (Hong Kong) 12-1 Month Momentum % Distribution

For the Telecommunication Services industry and Communication Services sector, China Unicom (Hong Kong)'s 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where China Unicom (Hong Kong)'s 12-1 Month Momentum % falls into.

China Unicom (Hong Kong) (HKSE:00762) 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 Unicom (Hong Kong) (HKSE:00762) 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 Unicom (Hong Kong) 12-1 Month Momentum % Related Terms

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China Unicom (Hong Kong) (HKSE:00762) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Unicom (Hong Kong) Ltd (HKSE:00762) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

XCI:Germany

Address

99 Queen's Road, 75th Floor, The Center, Central, Hong Kong, HKG

Website

https://www.chinaunicom.com.hk

China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As at June 2023, it had 328 million billing wireless customers and around 108 million broadband subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China and its Cloud Service revenue is also showing very strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.

China Unicom (Hong Kong) (HKSE:00762) Headlines

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