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NagaCorp (OTCPK:NGCRF) 6-1 Month Momentum %

: 11.52% (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 (2023-03-21), NagaCorp's 6-1 Month Momentum % is 11.52%.

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

NGCRF's 6-1 Month Momentum % is ranked better than
70.19% of 889 companies
in the Travel & Leisure industry
Industry Median: 4.26 vs NGCRF: 11.52

Competitive Comparison

For the Resorts & Casinos subindustry, NagaCorp'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.


NagaCorp 6-1 Month Momentum % Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, NagaCorp's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where NagaCorp'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.

NagaCorp  (OTCPK:NGCRF) 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.

NagaCorp  (OTCPK:NGCRF) 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.

NagaCorp 6-1 Month Momentum % Related Terms

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NagaCorp (OTCPK:NGCRF) Business Description

NagaCorp logo
Traded in Other Exchanges
NagaWorld Samdech Techo, P.O. Box 1099, Hun Sen Park, Phnom Penh, KHM, 120101
NagaCorp Ltd is an investment holding company primarily involved in the resorts and casinos industry. The company has two business segments, Casino Operations; and Hotel and Entertainment Operations. The Casino Operations business manages gaming activities, primarily at the company's flagship resort, NagaWorld. The resort has a variety of gaming halls, shopping galleries, restaurants, and meeting spaces. Furthermore, it contains segments both gaming tables and electronic gaming machines. The Hotel and Entertainment Operations segment manages the hotel and leisure businesses of the company. NagaCorp generates the vast majority of its revenue in Cambodia, where it has a casino license until 2065.