Sekisui House (TSE:1928) 6-1 Month Momentum %

: 20.83% (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), Sekisui House's 6-1 Month Momentum % is 20.83%.

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

TSE:1928's 6-1 Month Momentum % is ranked worse than
51.35% of 111 companies
in the Homebuilding & Construction industry
Industry Median: 20.68 vs TSE:1928: 20.83

Competitive Comparison

For the Residential Construction subindustry, Sekisui House'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.

Sekisui House 6-1 Month Momentum % Distribution

For the Homebuilding & Construction industry and Consumer Cyclical sector, Sekisui House's 6-1 Month Momentum % distribution charts can be found below:

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

Sekisui House (TSE:1928) 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.

Sekisui House (TSE:1928) 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.

Sekisui House 6-1 Month Momentum % Related Terms

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Sekisui House (TSE:1928) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Sekisui House Ltd (TSE:1928) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

SKHSY:USA SKHSF:USA SPH1:Germany

Address

Tower East Umeda Sky Building, 1-88 Oyodonaka 1-chome, Kita-ku, Osaka, JPN, 531-0076

Website

http://www.sekisuihouse.co.jp

Sekisui House Ltd is a Japanese construction company that focuses on residential construction. It is one of the world's largest international homebuilders and operates in Japan, China, Singapore, Australia, and the United States. Sekisui House is involved in constructing single-family detached housing and multi-unit residential housing, condominium development, and urban redevelopment. The company uses eco-friendly features in its construction projects such as solar panels and sustainable material usage. The majority of revenue for the company is derived from its detached-housing projects, followed by rental and condominium construction.

Sekisui House (TSE:1928) Headlines

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