Oriental Land Co (TSE:4661) 6-1 Month Momentum %

: 10.02% (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 (2024-04-24), Oriental Land Co's 6-1 Month Momentum % is 10.02%.

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

TSE:4661's 6-1 Month Momentum % is ranked better than
52.6% of 867 companies
in the Travel & Leisure industry
Industry Median: 4.93 vs TSE:4661: 10.02

Competitive Comparison

For the Leisure subindustry, Oriental Land 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.

Oriental Land Co 6-1 Month Momentum % Distribution

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

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

Oriental Land Co (TSE:4661) 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.

Oriental Land Co (TSE:4661) 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.

Oriental Land Co 6-1 Month Momentum % Related Terms

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Oriental Land Co (TSE:4661) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Oriental Land Co Ltd (TSE:4661) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

OLCLY:USA OLCLF:USA OLL:Germany

Address

1-1 Maihama, Chiba-Prefecture, Urayasu, JPN, 279-8511

Website

http://www.olc.co.jp

Oriental Land Co Ltd is a Japan-based company operates Tokyo Disney Resort. Segments in which the group functions include Theme Park, Hotel Business, and Other Business. Theme Park segment is engaged in the operation and management of Tokyo Disneyland and Tokyo DisneySea theme Parks. The Hotel segment operates and manages hotels such as Ambassador Hotel, Urayasu Brighton Hotel, Kyoto Brighton Hotel and others. In addition, it also operates shopping complex which composed of shops and restaurants as well as a cinema complex and offers monorail service around Tokyo Disney Resort. Oriental generates the majority of revenue through Theme Park segment.

Oriental Land Co (TSE:4661) Headlines

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