AGI Greenpac (BOM:500187) 6-1 Month Momentum %

: -23.73% (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 (2024-04-18), AGI Greenpac's 6-1 Month Momentum % is -23.73%.

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

BOM:500187's 6-1 Month Momentum % is ranked worse than
90.34% of 414 companies
in the Packaging & Containers industry
Industry Median: 0.495 vs BOM:500187: -23.73

Competitive Comparison

For the Packaging & Containers subindustry, AGI Greenpac'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.

AGI Greenpac 6-1 Month Momentum % Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, AGI Greenpac's 6-1 Month Momentum % distribution charts can be found below:

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

AGI Greenpac (BOM:500187) 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.

AGI Greenpac (BOM:500187) 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.

AGI Greenpac 6-1 Month Momentum % Related Terms

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AGI Greenpac (BOM:500187) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » AGI Greenpac Ltd (BOM:500187) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

AGI:India

Address

National Highway 8, 301-302, 3rd Floor, Park Centra, Sector 30, Gurugram, HR, IND, 122 001

Website

https://www.agigreenpac.com

AGI Greenpac Ltd is an India-based company engaged in the business segments of Investment Property, Packaging Products, and others. It generates maximum revenue from the Packaging products segment. In the Packaging Products segment, the company manufactures and markets various packaging products, including Glass containers Polyethylene Terephthalate (PET) bottles and products, and Security caps and closures. The Investment Property division comprises land & buildings owned by the Company and given on lease and the other segment includes wind power generation and other activities. The activities of the company are limited within the Indian Territories.

AGI Greenpac (BOM:500187) Headlines

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