YASKAWA Electric (TSE:6506) 12-1 Month Momentum %

: 17.71% (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 (2024-04-23), YASKAWA Electric's 12-1 Month Momentum % is 17.71%.

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

TSE:6506's 12-1 Month Momentum % is ranked better than
67.01% of 2928 companies
in the Industrial Products industry
Industry Median: 0.475 vs TSE:6506: 17.71

Competitive Comparison

For the Electrical Equipment & Parts subindustry, YASKAWA Electric'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.

YASKAWA Electric 12-1 Month Momentum % Distribution

For the Industrial Products industry and Industrials sector, YASKAWA Electric's 12-1 Month Momentum % distribution charts can be found below:

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

YASKAWA Electric (TSE:6506) 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.

YASKAWA Electric (TSE:6506) 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.

YASKAWA Electric 12-1 Month Momentum % Related Terms

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YASKAWA Electric (TSE:6506) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » YASKAWA Electric Corp (TSE:6506) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

YASKY:USA YASKF:USA YEC:Germany

Address

2-1, Kurosaki-shiroishi, Yahatanishi-ku, Kitakyushu, JPN, 806-0004

Website

http://www.yaskawa.co.jp

Yaskawa Electric manufactures motion control components (servo motors and inverters), industrial robots, and other motor-based products. It operates mainly in Asia, the Americas, and Europe as one of the leading players in the AC servo motor/controller, AC drives (inverter), and robotics markets. According to the company, it has the leading global share with AC Servo motors/controllers, where the company's cumulative AC servo motor shipments reached 20 million units in 2020, and it is also considered as one of the "big four" industrial robotics companies. The company was founded in 1915, and its head office is in Kitakyushu, Fukuoka Prefecture, Japan.

YASKAWA Electric (TSE:6506) Headlines

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