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CK Infrastructure Holdings (CK Infrastructure Holdings) 6-1 Month Momentum %

: 24.61% (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 (2024-04-18), CK Infrastructure Holdings's 6-1 Month Momentum % is 24.61%.

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

CKISF's 6-1 Month Momentum % is ranked better than
87.99% of 566 companies
in the Utilities - Regulated industry
Industry Median: 0.11 vs CKISF: 24.61

Competitive Comparison

For the Utilities - Regulated Electric subindustry, CK Infrastructure Holdings'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.


CK Infrastructure Holdings 6-1 Month Momentum % Distribution

For the Utilities - Regulated industry and Utilities sector, CK Infrastructure Holdings's 6-1 Month Momentum % distribution charts can be found below:

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



CK Infrastructure Holdings  (OTCPK:CKISF) 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.


CK Infrastructure Holdings  (OTCPK:CKISF) 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.


CK Infrastructure Holdings 6-1 Month Momentum % Related Terms

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CK Infrastructure Holdings (CK Infrastructure Holdings) Business Description

Traded in Other Exchanges
Address
2 Queen's Road Central, 12th Floor, Cheung Kong Center, Hong Kong, HKG
CK Infrastructure Holdings is a leading global utility and infrastructure investment company with a focus on regulated utility assets. It is part of the CK Hutchison group of companies, holding the bulk of the group infrastructure businesses. CKI's investments stretch across Hong Kong, the U.K., Australia, Europe, Canada, and New Zealand. The U.K. division contributes about half of total group net profit. The company also owns an infrastructure materials business in Hong Kong and mainland China, producing cement, concrete, asphalt, and aggregates.

CK Infrastructure Holdings (CK Infrastructure Holdings) Headlines

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