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Sanwa Holdings (TSE:5929) 12-1 Month Momentum % : 73.90% (As of May. 14, 2024)


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What is Sanwa Holdings 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 (2024-05-14), Sanwa Holdings's 12-1 Month Momentum % is 73.90%.

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

TSE:5929's 12-1 Month Momentum % is ranked better than
83.14% of 1768 companies
in the Construction industry
Industry Median: 4.805 vs TSE:5929: 73.90

Competitive Comparison of Sanwa Holdings's 12-1 Month Momentum %

For the Building Products & Equipment subindustry, Sanwa Holdings'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.


Sanwa Holdings's 12-1 Month Momentum % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sanwa Holdings's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Sanwa Holdings's 12-1 Month Momentum % falls into.



Sanwa Holdings  (TSE:5929) 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.


Sanwa Holdings  (TSE:5929) 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.


Sanwa Holdings 12-1 Month Momentum % Related Terms

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Sanwa Holdings (TSE:5929) Business Description

Traded in Other Exchanges
Address
Nishi-Shinjuku 2-1-1, Shinjuku Mitsui Building, 52nd Floor, Shinjuku-ku, Tokyo, JPN, 163-0478
Sanwa Holdings Corp produces doors for residential and non-residential buildings through its subsidiaries. It offers condominium doors, window shutters, exterior products, garage doors, operators, and hinge doors for residential buildings; and heavy-duty shutters, steel doors, partitions, stainless steel products, overhead doors, automatic doors, truck/trailer doors, and industrial doors for non-residential buildings. The company operates in Japan, North America, and Europe.

Sanwa Holdings (TSE:5929) Headlines

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