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Jiumaojiu International Holdings (HKSE:09922) 6-1 Month Momentum % : -42.72% (As of May. 25, 2024)


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What is Jiumaojiu International Holdings 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-25), Jiumaojiu International Holdings's 6-1 Month Momentum % is -42.72%.

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

HKSE:09922's 6-1 Month Momentum % is ranked worse than
95.39% of 347 companies
in the Restaurants industry
Industry Median: -1.51 vs HKSE:09922: -42.72

Competitive Comparison of Jiumaojiu International Holdings's 6-1 Month Momentum %

For the Restaurants subindustry, Jiumaojiu International Holdings'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.


Jiumaojiu International Holdings's 6-1 Month Momentum % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jiumaojiu International Holdings's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Jiumaojiu International Holdings's 6-1 Month Momentum % falls into.



Jiumaojiu International Holdings  (HKSE:09922) 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.


Jiumaojiu International Holdings  (HKSE:09922) 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.


Jiumaojiu International Holdings 6-1 Month Momentum % Related Terms

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Jiumaojiu International Holdings (HKSE:09922) Business Description

Traded in Other Exchanges
Address
1 Mingzhuyi Street, Room 404-A197, Hengli Town, Nansha District, Guangzhou, CHN
Jiumaojiu International is a Chinese multibrand restaurant operator. The firm generates most of its revenue from Tai Er, a restaurant chain that is known for its sauerkraut fish (steamed fish smothered in pickled cabbage). Established in 2015, Tai Er is immensely popular, with over 400 outlets in China, and is frequented particularly by the post-1990s generation.Other key concepts include the namesake concept Jiu Mao Jiu (nearly 80 units) and a newly created restaurant concept Song Hot Pot (almost 30 outlets), but the company's portfolio also includes other brands such as Uncle Chef (Cantonese cuisine) and Lai Mei Li (Chinese grilled fish). All of Jiumaojiu's restaurants are company-owned, as the firm is focusing more on the quality of its restaurants over quantity.
Executives
Invesco Asset Management Limited 2102 Investment manager
Jpmorgan Chase & Co. 2502 Approved lending agent
The Capital Group Companies, Inc. 2201 Interest of corporation controlled by you
Guan Yihong 2201 Interest of corporation controlled by you
Gyh J Limited 2101 Beneficial owner
Yang Sanyin 2202 Interest of your spouse
T. Rowe Price Associates, Inc. And Its Affiliates 2101 Beneficial owner
Chen Haixia 2201 Interest of corporation controlled by you
Mx J Limited 2101 Beneficial owner
Mt J Limited 2101 Beneficial owner

Jiumaojiu International Holdings (HKSE:09922) Headlines

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