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DigiPlus Interactive (PHS:PLUS) 6-1 Month Momentum %

: 64.97% (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 (2024-04-23), DigiPlus Interactive's 6-1 Month Momentum % is 64.97%.

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

PHS:PLUS's 6-1 Month Momentum % is ranked better than
91.72% of 870 companies
in the Travel & Leisure industry
Industry Median: 3.155 vs PHS:PLUS: 64.97

Competitive Comparison

For the Gambling subindustry, DigiPlus Interactive'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.


DigiPlus Interactive 6-1 Month Momentum % Distribution

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

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



DigiPlus Interactive  (PHS:PLUS) 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.


DigiPlus Interactive  (PHS:PLUS) 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.


DigiPlus Interactive 6-1 Month Momentum % Related Terms

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DigiPlus Interactive (PHS:PLUS) Business Description

Traded in Other Exchanges
N/A
Address
Exchange Road, Ortigas Center, 26th Floor, West Tower, PSE Center, Barangay San Antonio, Pasig City, PHL, 1605
DigiPlus Interactive Corp, formerly Leisure & Resorts World Corp is engaged in the business of leisure. The company operates in four segments: The network and license segment's primary activity is licensing of operators engaged in interactive gaming, as well as the establishment and setup of all the gaming infrastructures required in connection with the development, operation and conduct of internet server, telecommunication network, gaming enterprises, and other systems facilities. The casino group is involved in hotel operation and casino marketing, junket operations, and arcade leasing. The retail segment consists of venues providing amusements and recreation facilities. The property segment includes integrated resort operators and investment.