Jardine Matheson Holdings (Jardine Matheson Holdings) 6-1 Month Momentum %

: 0.18% (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 (2024-04-24), Jardine Matheson Holdings's 6-1 Month Momentum % is 0.18%.

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

JARLF's 6-1 Month Momentum % is ranked worse than
76.72% of 580 companies
in the Conglomerates industry
Industry Median: 6.13 vs JARLF: 0.18

Competitive Comparison

For the Conglomerates subindustry, Jardine Matheson 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.

Jardine Matheson Holdings 6-1 Month Momentum % Distribution

For the Conglomerates industry and Industrials sector, Jardine Matheson Holdings's 6-1 Month Momentum % distribution charts can be found below:

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

Jardine Matheson Holdings (OTCPK:JARLF) 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.

Jardine Matheson Holdings (OTCPK:JARLF) 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.

Jardine Matheson Holdings 6-1 Month Momentum % Related Terms

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Jardine Matheson Holdings (Jardine Matheson Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Jardine Matheson Holdings Ltd (OTCPK:JARLF) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

JMHLY:USA J36:Singapore H4W:Germany H4W:Germany

Address

33-35 Reid Street, 4th Floor, Jardine House, P.O. Box HM 1068, Hamilton, BMU, HM 12

Website

https://www.jardines.com

Jardine Matheson Holdings Ltd is a conglomerate of businesses operating primarily in Greater China and Southeast Asia. The affiliates offer products and services in motor vehicles and related operations, property investment and development, food retailing, home furnishing, engineering and construction, transport services, insurance broking, restaurants, luxury hotels, financial services, heavy equipment, mining, and agribusiness. In terms of net income, the largest businesses within the group are Hong Kong Land and Dairy Farm, which are property investment firms and food retailers, respectively.