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Central China Management Co (HKSE:09982) 6-1 Month Momentum %

: -17.14% (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 China Management Co's 6-1 Month Momentum % is -17.14%.

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

HKSE:09982's 6-1 Month Momentum % is ranked worse than
80.86% of 1870 companies
in the Real Estate industry
Industry Median: 1.68 vs HKSE:09982: -17.14

Competitive Comparison

For the Real Estate Services subindustry, Central China Management 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 China Management Co 6-1 Month Momentum % Distribution

For the Real Estate industry and Real Estate sector, Central China Management Co's 6-1 Month Momentum % distribution charts can be found below:

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



Central China Management Co  (HKSE:09982) 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 China Management Co  (HKSE:09982) 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 China Management Co 6-1 Month Momentum % Related Terms

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Central China Management Co (HKSE:09982) Business Description

Traded in Other Exchanges
N/A
Address
Nongye East Road, Room 212, 313, Block C, Jianye Office Building, Henan Province, Zhengzhou, CHN
Central China Management Company, or CCMGT, is one of China's leading property project management companies with a dominant market position in Henan province. As a project manager, CCMGT may be involved in overseeing the design, construction, marketing, and sales strategy of a development for its clients, that is, the project owners. CCMGT is a sister company of Central China Real Estate, or CCRE, a prominent real estate developer in Henan. Both CCMGT and CCRE are not government-linked or owned.

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