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Tianshui Zhongxing Bio-technology Co (SZSE:002772) 12-1 Month Momentum % : -30.44% (As of May. 14, 2024)


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What is Tianshui Zhongxing Bio-technology 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 (2024-05-14), Tianshui Zhongxing Bio-technology Co's 12-1 Month Momentum % is -30.44%.

The industry rank for Tianshui Zhongxing Bio-technology Co's 12-1 Month Momentum % or its related term are showing as below:

SZSE:002772's 12-1 Month Momentum % is ranked worse than
84.14% of 1967 companies
in the Consumer Packaged Goods industry
Industry Median: -2.22 vs SZSE:002772: -30.44

Competitive Comparison of Tianshui Zhongxing Bio-technology Co's 12-1 Month Momentum %

For the Farm Products subindustry, Tianshui Zhongxing Bio-technology 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.


Tianshui Zhongxing Bio-technology Co's 12-1 Month Momentum % Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Tianshui Zhongxing Bio-technology Co's 12-1 Month Momentum % falls into.



Tianshui Zhongxing Bio-technology Co  (SZSE:002772) 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.


Tianshui Zhongxing Bio-technology Co  (SZSE:002772) 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.


Tianshui Zhongxing Bio-technology Co 12-1 Month Momentum % Related Terms

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Tianshui Zhongxing Bio-technology Co (SZSE:002772) Business Description

Traded in Other Exchanges
N/A
Address
Tianshui National Agricultural Science and Technology Park, Maiji District, Gansu Province, Tianshui, CHN, 741030
Tianshui Zhongxing Bio-technology Co Ltd is engaged in the research and development, production and sales of edible fungus. The Company edible mushroom products include enoki mushroom, king oyster mushroom, and beech mushroom. The company also uses edible fungi crop waste as raw material to produce green food rich in high protein.

Tianshui Zhongxing Bio-technology Co (SZSE:002772) Headlines

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