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Kunshan Supermix Printing Technology Co (BJSE:872392) 12-1 Month Momentum % : 45.54% (As of Jun. 01, 2024)


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What is Kunshan Supermix Printing Technology Co 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-06-01), Kunshan Supermix Printing Technology Co's 12-1 Month Momentum % is 45.54%.

The industry rank for Kunshan Supermix Printing Technology Co's 12-1 Month Momentum % or its related term are showing as below:

BJSE:872392's 12-1 Month Momentum % is ranked better than
84.73% of 406 companies
in the Packaging & Containers industry
Industry Median: 1.4 vs BJSE:872392: 45.54

Competitive Comparison of Kunshan Supermix Printing Technology Co's 12-1 Month Momentum %

For the Packaging & Containers subindustry, Kunshan Supermix Printing Technology Co's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 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.


Kunshan Supermix Printing Technology Co's 12-1 Month Momentum % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kunshan Supermix Printing Technology Co's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Kunshan Supermix Printing Technology Co's 12-1 Month Momentum % falls into.



Kunshan Supermix Printing Technology Co  (BJSE:872392) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-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.


Kunshan Supermix Printing Technology Co  (BJSE:872392) 12-1 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 12-1 Month Momentum % measures the total return to a stock over the past twelve 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.


Kunshan Supermix Printing Technology Co 12-1 Month Momentum % Related Terms

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Kunshan Supermix Printing Technology Co (BJSE:872392) Business Description

Traded in Other Exchanges
N/A
Address
No. 228, Huanlou Road, Kunshan Development Zone, Jiangsu Province, Penglang Town, CHN, 215333
Kunshan Supermix Printing Technology Co Ltd engages in Research and development, design, production, and sales of paper packaging and display products. It mainly produces cartons, shopping bags, gift boxes, flexo paper box, color paper cards, color boxes, product display boxes, and product design packaging displays.

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