S P Setia Bhd (XKLS:8664PB.PFD) 6-1 Month Momentum %

: N/A% (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), S P Setia Bhd's 6-1 Month Momentum % is N/A%.

The industry rank for S P Setia Bhd's 6-1 Month Momentum % or its related term are showing as below:

XKLS:8664PB.PFD's 6-1 Month Momentum % is not ranked ^*
in the Real Estate industry.
Industry Median: 2.31
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison

For the Real Estate - Development subindustry, S P Setia Bhd'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.

S P Setia Bhd 6-1 Month Momentum % Distribution

For the Real Estate industry and Real Estate sector, S P Setia Bhd's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where S P Setia Bhd's 6-1 Month Momentum % falls into.

S P Setia Bhd (XKLS:8664PB.PFD) 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.

S P Setia Bhd (XKLS:8664PB.PFD) 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.

S P Setia Bhd 6-1 Month Momentum % Related Terms

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S P Setia Bhd (XKLS:8664PB.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » S P Setia Bhd (XKLS:8664PB.PFD) » Definitions » 6-1 Month Momentum %

Traded in Other Exchanges

8664PA.PFD:Malaysia 8664:Malaysia

Address

12, Persiaran Setia Dagang, Setia Alam, Seksyen U13, S P Setia Berhad Corporate HQ, Shah Alam, MYS, 40170

Website

https://www.spsetia.com

S P Setia Bhd is a general real estate company that reports in three segments: Property Development, Construction, and Other operations. The vast majority of Setia's revenue is generated by its property development business, which focuses on developing residential and commercial facilities, followed by its construction segment. Setia's construction segment focuses on building and highway construction. The company considers merger and acquisition investment as a component of its operational growth strategy.

S P Setia Bhd (XKLS:8664PB.PFD) Headlines

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