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Genex Infosys 6-1 Month Momentum %

: -43.63% (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 (2022-08-10), Genex Infosys's 6-1 Month Momentum % is -43.63%.

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

DHA:GENEXIL's 6-1 Month Momentum % is ranked worse than
82.52% of 2700 companies
in the Software industry
Industry Median: -19.74 vs DHA:GENEXIL: -43.63

Competitive Comparison

For the Information Technology Services subindustry, Genex Infosys'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.

   

Genex Infosys 6-1 Month Momentum % Distribution

For the Software industry and Technology sector, Genex Infosys's 6-1 Month Momentum % distribution charts can be found below:

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



Genex Infosys  (DHA:GENEXIL) 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.


Genex Infosys  (DHA:GENEXIL) 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.


Genex Infosys 6-1 Month Momentum % Related Terms

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Genex Infosys Business Description

Genex Infosys logo
Comparable Companies
Traded in Other Exchanges
N/A
Address
Nikunja C/A, Airport Road, Nitol Niloy Tower (Level 8), Dhaka, BGD, 1229
Genex Infosys Ltd provides Information Technology Enabled Service. The comapny's services include Data Entry, Data Processing, Business Process Outsourcing, IT Support & Software Maintenance, Digital Content Development & Management, Call Centre Service, Website Development, and providing maintenance and support services both to domestic and international clients.

Genex Infosys Headlines

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