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GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS (IST:GSDDE) 6-1 Month Momentum %

: 16.54% (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 (2024-04-19), GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's 6-1 Month Momentum % is 16.54%.

The industry rank for GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's 6-1 Month Momentum % or its related term are showing as below:

IST:GSDDE's 6-1 Month Momentum % is ranked better than
73.78% of 1045 companies
in the Transportation industry
Industry Median: 3.9 vs IST:GSDDE: 16.54

Competitive Comparison

For the Marine Shipping subindustry, GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS'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.


GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS 6-1 Month Momentum % Distribution

For the Transportation industry and Industrials sector, GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's 6-1 Month Momentum % falls into.



GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS  (IST:GSDDE) 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.


GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS  (IST:GSDDE) 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.


GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS (IST:GSDDE) Business Description

Traded in Other Exchanges
N/A
Address
Avdrnevler Mahallesi. Kaptan R?fat Sokak. No: 3, Kuçukyal?, Maltepe, Istanbul, TUR, 34854
GSD Denizcilik Gayrimenkul Insaat Sanayi Ve Ticaret AS operates in the marine freight transportation industry. It offers to purchase and sale of ships, yachts, and naval vessels and relevant instruments, equipment and spare parts; and the purchasing and selling, renting and building real estate properties.

GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS (IST:GSDDE) Headlines

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