GURUFOCUS.COM » STOCK LIST » Technology » Hardware » JPP Holding Co Ltd (TPE:5284) » Definitions » 6-1 Month Momentum %

JPP Holding Co (TPE:5284) 6-1 Month Momentum %

: 54.72% (As of Today)
View and export this data going back to 2014. Start your Free Trial

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), JPP Holding Co's 6-1 Month Momentum % is 54.72%.

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

TPE:5284's 6-1 Month Momentum % is ranked better than
94.2% of 2466 companies
in the Hardware industry
Industry Median: 1.33 vs TPE:5284: 54.72

Competitive Comparison

For the Electronic Components subindustry, JPP 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.


JPP Holding Co 6-1 Month Momentum % Distribution

For the Hardware industry and Technology sector, JPP Holding Co's 6-1 Month Momentum % distribution charts can be found below:

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



JPP Holding Co  (TPE:5284) 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.


JPP Holding Co  (TPE:5284) 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.


JPP Holding Co 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of JPP Holding Co's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


JPP Holding Co (TPE:5284) Business Description

Traded in Other Exchanges
N/A
Address
Songjiang Road, Room 1112, No. 152, Zhongshan District, Taipei City, TWN, 10458
JPP Holding Co Ltd produces various computerized and electronic control products for the aerospace, telecommunication, energy, health care, and manufacturing industries. Its products offerings comprise of Monitor Control Cabinet, Optical Fiber Communication System Cabinet, 3G Telecommunication Cabinet, Flight Control Computer, Mechanical parts for the cockpit electronics of aircraft with a full range of equipment, subsystems, and system for flight control, navigation, Motion Picture Projector, Surveillance system, Camera internal assembly components, Solar Power AC/DC Power Converter, Medical Display, Surgical Operation Table, Automatic Checkweighers, Metal Detector, Meat Analyzer, and others products.

JPP Holding Co (TPE:5284) Headlines

No Headlines