China Yuchai International (China Yuchai International) 12-1 Month Momentum %

: 18.21% (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 (2024-04-24), China Yuchai International's 12-1 Month Momentum % is 18.21%.

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

CYD's 12-1 Month Momentum % is ranked better than
62.1% of 1277 companies
in the Vehicles & Parts industry
Industry Median: 5.6 vs CYD: 18.21

Competitive Comparison

For the Auto Parts subindustry, China Yuchai International'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 Yuchai International 12-1 Month Momentum % Distribution

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

* The bar in red indicates where China Yuchai International's 12-1 Month Momentum % falls into.

China Yuchai International (NYSE:CYD) 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 Yuchai International (NYSE:CYD) 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 Yuchai International 12-1 Month Momentum % Related Terms

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China Yuchai International (China Yuchai International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Yuchai International Ltd (NYSE:CYD) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

CYD:Germany

Address

16 Raffles Quay No. 39-01A, No. 39-01A, Hong Leong Building, Singapore, SGP, 048581

Website

https://www.cyilimited.com

China Yuchai International Ltd is a Bermuda holding company that is a subsidiary of Singapore-based Hong Leong Asia. China Yuchai International primarily operates through its majority-owned subsidiary Guangxi Yuchai Machinery Company, a China-based company that manufactures, assembles, and distributes diesel engines for various vehicles including trucks, buses, and cars, as well as construction and agricultural, marine, and power-generation equipment. The company generates the majority of its sales from the Chinese market.