Sankyo Co (TSE:6417) 12-1 Month Momentum %

: 46.71% (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 (2024-04-16), Sankyo Co's 12-1 Month Momentum % is 46.71%.

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

TSE:6417's 12-1 Month Momentum % is ranked better than
81.69% of 874 companies
in the Travel & Leisure industry
Industry Median: -5.66 vs TSE:6417: 46.71

Competitive Comparison

For the Gambling subindustry, Sankyo 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.

Sankyo Co 12-1 Month Momentum % Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Sankyo Co's 12-1 Month Momentum % distribution charts can be found below:

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

Sankyo Co (TSE:6417) 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.

Sankyo Co (TSE:6417) 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.

Sankyo Co 12-1 Month Momentum % Related Terms

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Sankyo Co (TSE:6417) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sankyo Co Ltd (TSE:6417) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

SKXJF:USA SOK:Germany

Address

3-29-14 Shibuya, Shibuya-ku, Tokyo, JPN, 150-8327

Website

http://www.sankyo-fever.co.jp

Sankyo Co Ltd manufactures and sells pachinko and pachislot machines to the gambling industry. Pachinko machines, a gambling device with pinball-like characteristics, are sold to pachinko parlors throughout Japan. Pachinko parlors allow users to purchase small steel balls, which are utilized in pachinko machines under the objective of winning more balls that can then be exchanged for prizes. Pachislot machines, which are a similar gambling device as pachinko and slot machines, are also sold to gambling parlors throughout Japan. The company generates the vast majority of its revenue in Japan.

Sankyo Co (TSE:6417) Headlines

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