Ptt PCL (BKK:PTT) 6-1 Month Momentum %

: 3.01% (As of Today)

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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-23), Ptt PCL's 6-1 Month Momentum % is 3.01%.

The industry rank for Ptt PCL's 6-1 Month Momentum % or its related term are showing as below:

BKK:PTT's 6-1 Month Momentum % is ranked better than
57.52% of 1090 companies
in the Oil & Gas industry
Industry Median: -1.675 vs BKK:PTT: 3.01

Competitive Comparison

For the Oil & Gas Integrated subindustry, Ptt PCL's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.

Ptt PCL 6-1 Month Momentum % Distribution

For the Oil & Gas industry and Energy sector, Ptt PCL's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Ptt PCL's 6-1 Month Momentum % falls into.

Ptt PCL (BKK:PTT) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-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.

Ptt PCL (BKK:PTT) 6-1 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 6-1 Month Momentum % measures the total return to a stock over the past six 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.

Ptt PCL 6-1 Month Momentum % Related Terms

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Ptt PCL (BKK:PTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ptt PCL (BKK:PTT) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

PUTRY:USA PETFF:USA PTT-F:Thailand PTOG:Germany

Address

555 Vibhavadi-Rangsit Road, Chatuchak, Bangkok, THA, 10900

Website

https://www.pttplc.com

Ptt PCL is an integrated national petroleum and petrochemical company based out of Thailand. Its operations are divided into six units: Coal, Petrochemical, International Trading, Oil, Gas, and Petroleum exploration and production. The International Trading and Petrochemicals businesses have historically produced the group's sales and service volume. International Trading encompasses several activities and is crucial to the company's ability to import and export crude oil, condensate, petroleum products, liquefied petroleum gas, petrochemical products, solvents and chemicals, and other products. PTT engages in Petrochemical operations through group companies that conduct business in fuel processing, production, and sales of upstream, intermediate, and downstream chemicals.

Ptt PCL (BKK:PTT) Headlines

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