Workpoint Entertainment PCL (BKK:WORK) 12-1 Month Momentum % : -45.99% (As of May. 31, 2024)

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What is Workpoint Entertainment PCL 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 (2024-05-31), Workpoint Entertainment PCL's 12-1 Month Momentum % is -45.99%.

The industry rank for Workpoint Entertainment PCL's 12-1 Month Momentum % or its related term are showing as below:

BKK:WORK's 12-1 Month Momentum % is ranked worse than
86.58% of 1051 companies
in the Media - Diversified industry
Industry Median: -8.46 vs BKK:WORK: -45.99

Competitive Comparison of Workpoint Entertainment PCL's 12-1 Month Momentum %

For the Entertainment subindustry, Workpoint Entertainment PCL'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.

Workpoint Entertainment PCL's 12-1 Month Momentum % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Workpoint Entertainment PCL's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Workpoint Entertainment PCL's 12-1 Month Momentum % falls into.

Workpoint Entertainment PCL (BKK:WORK) 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.

Workpoint Entertainment PCL (BKK:WORK) 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.

Workpoint Entertainment PCL 12-1 Month Momentum % Related Terms

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Workpoint Entertainment PCL (BKK:WORK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Workpoint Entertainment PCL (BKK:WORK) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

WORK-F:Thailand

Address

99 Moo 2, Tambon Bang Poon, Amphoe Muang Pathum Thani, Pathum thani, THA, 12000

Website

https://www.workpoint.co.th

Workpoint Entertainment PCL is a broadcast television company. The activities of the Group are digital television broadcasting and the production of television programs, animation and computer graphics, movies, concerts and plays, event marketing and sale of goods and services related to the businesses. The company has five segments which are Business of television programs, Business of movies, Business of concerts and plays, Business of event marketing and Business of sale of goods and rendering of other services. It derives majority of the revenue from Business of television programs segment. The majority of revenue comes from Thailand.