Central Japan Railway Co (FRA:JAP) 6-1 Month Momentum %

: 15.68% (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), Central Japan Railway Co's 6-1 Month Momentum % is 15.68%.

The industry rank for Central Japan Railway Co's 6-1 Month Momentum % or its related term are showing as below:

FRA:JAP's 6-1 Month Momentum % is ranked better than
74.98% of 1039 companies
in the Transportation industry
Industry Median: 5.1 vs FRA:JAP: 15.68

Competitive Comparison

For the Railroads subindustry, Central Japan Railway Co'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.

Central Japan Railway Co 6-1 Month Momentum % Distribution

For the Transportation industry and Industrials sector, Central Japan Railway Co's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Central Japan Railway Co's 6-1 Month Momentum % falls into.

Central Japan Railway Co (FRA:JAP) 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.

Central Japan Railway Co (FRA:JAP) 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.

Central Japan Railway Co 6-1 Month Momentum % Related Terms

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Central Japan Railway Co (FRA:JAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Central Japan Railway Co (FRA:JAP) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

CJPRY:USA CJPRF:USA 9022:Japan 9022:Japan

Address

JR Central Towers, Meieki 1-1-4, Nakamura-ku, Aichi, Nagoya, JPN, 450-6101

Website

http://jr-central.co.jp

Central Japan Railway Company, or JR Central, is the main railway operator in Nagoya and the Chubu region in central Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987. Its main asset is the Tokaido Shinkansen, which spans Japan's most wealthy and populous area and links Tokyo, Yokohama, Nagoya, Kyoto, and Osaka. It contributes three-fourths of revenue, with most of the balance from merchandise, conventional train lines, and real estate.

Central Japan Railway Co (FRA:JAP) Headlines

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