Yunda Holding Co (SZSE:002120) 6-1 Month Momentum %

: -21.62% (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 (2024-04-19), Yunda Holding Co's 6-1 Month Momentum % is -21.62%.

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

SZSE:002120's 6-1 Month Momentum % is ranked worse than
89.28% of 1045 companies
in the Transportation industry
Industry Median: 3.9 vs SZSE:002120: -21.62

Competitive Comparison

For the Integrated Freight & Logistics subindustry, Yunda Holding Co'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.

Yunda Holding Co 6-1 Month Momentum % Distribution

For the Transportation industry and Industrials sector, Yunda Holding Co's 6-1 Month Momentum % distribution charts can be found below:

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

Yunda Holding Co (SZSE:002120) 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.

Yunda Holding Co (SZSE:002120) 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.

Yunda Holding Co 6-1 Month Momentum % Related Terms

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Yunda Holding Co (SZSE:002120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Yunda Holding Co Ltd (SZSE:002120) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.8 South Yongqing Road, Chongshou Town, Cixi, Ningbo, CHN, 315300

Website

http://www.yundaex.com

Yunda is one of the "Tongdas", which refers to the top four national express delivery companies that adopt the network partner model. In this model, Tongdas provide line-haul transportation, sorting, and waybill services to its network partners for fees, while its local network partners provide first-mile pickup and last-mile delivery services under the Tongdas' brands and collect the customer payments. Unlike some other peers, Yunda controls 100% of its hub-level transit centers, ensuring higher quality assurance. The company was founded by couple Nie Tengyun and Chen Liying. Nie remains the Chairman and President, with a 54.8% stake as of Sept. 30, 2023. Yunda's strategic shareholder is leading China e-commerce company, Alibaba Group, with around a 1.99% interest.

Yunda Holding Co (SZSE:002120) Headlines

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