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Shineco (Shineco) 6-1 Month Momentum % : -36.61% (As of Apr. 27, 2024)


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What is Shineco 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-27), Shineco's 6-1 Month Momentum % is -36.61%.

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

SISI's 6-1 Month Momentum % is ranked worse than
92.43% of 1994 companies
in the Consumer Packaged Goods industry
Industry Median: 0.9 vs SISI: -36.61

Competitive Comparison of Shineco's 6-1 Month Momentum %

For the Farm Products subindustry, Shineco'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.


Shineco's 6-1 Month Momentum % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shineco's 6-1 Month Momentum % distribution charts can be found below:

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



Shineco  (NAS:SISI) 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.


Shineco  (NAS:SISI) 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.


Shineco 6-1 Month Momentum % Related Terms

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Shineco (Shineco) Business Description

Traded in Other Exchanges
N/A
Address
T1, South Tower, Jiazhaoye Square, Chaoyang District, Beijing, CHN, 100022
Shineco Inc aims to care for a healthy life and improve the quality of life by providing safe, efficient, and high-quality health products and services to society. The company has researched and developed over 33 vitro diagnostic reagents and related medical devices to date, and it also produces and sells healthy and nutritious food.
Executives
Aamir Ali Quraishi director 112 EVELYN AVENUE, RUISLIP, LONDON X0 HA4 8AQ
Shanchun Huang 10 percent owner PUDONG BUILDING, 2ND FLOOR,, JIULONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU F4 363000
Xiqiao Liu director, officer: COO ROOM 504, UNIT1, BUILDING 7, HONGRENJIAY, MAJUQIAO, TONGZHOU DISTRICT, BEIJING F4 101149
Hu Li director ROOM 1001, BUILDING T5, DAZU SQUARE, DAXING DISTRICT, BEIJING F4 100176
Jennifer Zhan director, officer: CEO & Executive Director ROOM 3106, BUILDING B,, JIANWAI SOHO, CHAOYANG DISTRICT,, BEIJING CITY F4 100022
Minye Wang director BUILDING 23, HAI YUE HUA YUAN, KUNMING F4 530000
Lei Gao director ROOM 806, WANSHOU HOTEL, NO. A12 WANSHOU ROAD, HAIDIAN DISTRICT, BEIJING F4 100017
Ou Yang officer: Chief Executive Officer BUILDING NO. 5, 8 WORKERS SPORTS COMPLEX NORTH ROAD, BEIJING F4 100009
Hua Yang director 2ND FLOOR, WANYUAN BUSINESS CENTER, 10 HONGDA RD, YIZHUANG, DAXING DISTRICT, BEIJING F4 100176
Yuying Zhang director, 10 percent owner, officer: Chair of the Board, CEO 2ND FLOOR, WANYUAN BUSINESS CENTER, 10 HONGDA RD, YIZHUANG, DAXING DISTRICT, BEIJING F4 100176
Leiger Yongmin Yang director 2ND FLOOR, WANYUAN BUSINESS CENTER, 10 HONGDA RD, YIZHUANG, DAXING DISTRICT, BEIJING F4 100176
Jiping Chen director, 10 percent owner 2ND FLOOR, WANYUAN BUSINESS CENTER, 10 HONGDA RD, YIZHUANG, DAXING DISTRICT, BEIJING F4 100176
Sai Sam Wang officer: Chief Financial Officer 2ND FLOOR, WANYUAN BUSINESS CENTER, 10 HONGDA RD, YIZHUANG, DAXING DISTRICT, BEIJING F4 100176
Shujuan Ji director 2ND FLOOR, WANYUAN BUSINESS CENTER, 10 HONGDA RD, YIZHUANG, DAXING DISTRICT, BEIJING F4 100176
Weixing Yin director ROOM 3106, BUILDING B, 39 E. 3RD RING, MIDDLE RD, CHAOYANG DISTRICT, BEIJING F4 1000022