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PT Utama Radar Cahaya Tbk (ISX:RCCC) 6-1 Month Momentum %

: 11.67% (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 (2023-03-30), PT Utama Radar Cahaya Tbk's 6-1 Month Momentum % is 11.67%.

The industry rank for PT Utama Radar Cahaya Tbk's 6-1 Month Momentum % or its related term are showing as below:

ISX:RCCC's 6-1 Month Momentum % is ranked better than
58.68% of 1014 companies
in the Transportation industry
Industry Median: 7.45 vs ISX:RCCC: 11.67

Competitive Comparison

For the Trucking subindustry, PT Utama Radar Cahaya Tbk'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.

   

PT Utama Radar Cahaya Tbk 6-1 Month Momentum % Distribution

For the Transportation industry and Industrials sector, PT Utama Radar Cahaya Tbk's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where PT Utama Radar Cahaya Tbk's 6-1 Month Momentum % falls in comparison to its industry or sector. The grey bar indicates the 6-1 Month Momentum %'s extreme value range as defined by GuruFocus.



PT Utama Radar Cahaya Tbk  (ISX:RCCC) 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.


PT Utama Radar Cahaya Tbk  (ISX:RCCC) 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.


PT Utama Radar Cahaya Tbk 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of PT Utama Radar Cahaya Tbk's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Utama Radar Cahaya Tbk (ISX:RCCC) Business Description

PT Utama Radar Cahaya Tbk logo
Comparable Companies
Traded in Other Exchanges
N/A
Address
Jalan Asia Afrika Door IX, STC Senayan Building, 2nd Floor, Room 38, Gelora Tanah Abang, DKI Jakarta Province, Central Jakarta, IDN, 10270
PT Utama Radar Cahaya Tbk is mainly involved in the field of transportation management services with the main business activities in freight forwarding services and the supporting business activities including rental and non-optional leasing, transportation for public goods and education activities.

PT Utama Radar Cahaya Tbk (ISX:RCCC) Headlines

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