Konica Minolta (TSE:4902) 6-1 Month Momentum %

: 10.15% (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), Konica Minolta's 6-1 Month Momentum % is 10.15%.

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

TSE:4902's 6-1 Month Momentum % is ranked better than
62.58% of 2974 companies
in the Industrial Products industry
Industry Median: 2.215 vs TSE:4902: 10.15

Competitive Comparison

For the Business Equipment & Supplies subindustry, Konica Minolta'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.

Konica Minolta 6-1 Month Momentum % Distribution

For the Industrial Products industry and Industrials sector, Konica Minolta's 6-1 Month Momentum % distribution charts can be found below:

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

Konica Minolta (TSE:4902) 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.

Konica Minolta (TSE:4902) 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.

Konica Minolta 6-1 Month Momentum % Related Terms

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Konica Minolta (TSE:4902) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Konica Minolta Inc (TSE:4902) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

KNCAY:USA KNCAF:USA KPI1:Germany

Address

JP Tower, 2-7-2 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-7015

Website

http://www.konicaminolta.com

Konica Minolta is a Japanese equipment and material manufacturer that operates globally, generating most of its revenue in Europe, North America and Japan. The company is divided into the office, professional print, healthcare, and the industrial segments. The office business (which includes office tools such as printers as well as IT solutions) is the biggest contributor to revenue, followed by the professional print business (which includes commercial and industrial print systems). The industrial business focuses on development, manufacture, and sales of performance materials and optical systems for industrial use. The healthcare segment provides X-ray diagnostics systems, ultrasound diagnostics tools, and medical IT services.

Konica Minolta (TSE:4902) Headlines

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