NEXON Co (TSE:3659) 6-1 Month Momentum %

: 0.21% (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), NEXON Co's 6-1 Month Momentum % is 0.21%.

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

TSE:3659's 6-1 Month Momentum % is ranked better than
57% of 586 companies
in the Interactive Media industry
Industry Median: -5.05 vs TSE:3659: 0.21

Competitive Comparison

For the Electronic Gaming & Multimedia subindustry, NEXON 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.

NEXON Co 6-1 Month Momentum % Distribution

For the Interactive Media industry and Communication Services sector, NEXON Co's 6-1 Month Momentum % distribution charts can be found below:

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

NEXON Co (TSE:3659) 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.

NEXON Co (TSE:3659) 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.

NEXON Co 6-1 Month Momentum % Related Terms

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NEXON Co (TSE:3659) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NEXON Co Ltd (TSE:3659) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

NEXOY:USA NEXOF:USA 7NX:Germany

Address

1-4-5 Roppongi, Minato-ku, Tokyo, JPN, 106-0032

Website

http://www.nexon.co.jp

NEXON Co Ltd provides engaging, high quality, geographically unique games to international users through the development and service of PC online and mobile games. The company's major PC online titles include MapleStory and Dungeon&Fighter and their mobile games include HIT and DomiNations. The games are in approximately 200 countries including China, Korea, Japan, North America, and Europe. The PC segment is responsible for a majority of revenue, while the Mobile segment accounts for a smaller portion. Geographically, over half of the company's revenue is derived from China, roughly one quarter is derived from Korea, and the remainder is derived from Japan, North America, and Europe & Others.

NEXON Co (TSE:3659) Headlines

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