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Langham Hospitality Investments and Langham Hospitality Investments (HKSE:01270) 6-1 Month Momentum % : 42.19% (As of May. 10, 2024)


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What is Langham Hospitality Investments and Langham Hospitality Investments 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 (2024-05-10), Langham Hospitality Investments and Langham Hospitality Investments's 6-1 Month Momentum % is 42.19%.

The industry rank for Langham Hospitality Investments and Langham Hospitality Investments's 6-1 Month Momentum % or its related term are showing as below:

HKSE:01270's 6-1 Month Momentum % is ranked better than
88.46% of 875 companies
in the Travel & Leisure industry
Industry Median: 3.48 vs HKSE:01270: 42.19

Competitive Comparison of Langham Hospitality Investments and Langham Hospitality Investments's 6-1 Month Momentum %

For the Lodging subindustry, Langham Hospitality Investments and Langham Hospitality Investments'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.


Langham Hospitality Investments and Langham Hospitality Investments's 6-1 Month Momentum % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Langham Hospitality Investments and Langham Hospitality Investments's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Langham Hospitality Investments and Langham Hospitality Investments's 6-1 Month Momentum % falls into.



Langham Hospitality Investments and Langham Hospitality Investments  (HKSE:01270) 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.


Langham Hospitality Investments and Langham Hospitality Investments  (HKSE:01270) 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.


Langham Hospitality Investments and Langham Hospitality Investments 6-1 Month Momentum % Related Terms

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Langham Hospitality Investments and Langham Hospitality Investments (HKSE:01270) Business Description

Traded in Other Exchanges
N/A
Address
23 Harbour Road, Great Eagle Centre, Suite 2702, 27th Floor, Wanchai, Hong Kong, HKG
Langham Hospitality Investments and Langham Hospitality Investments Ltd is a holdings company involved in the lodging industry. The company operates through three business segments, Langham, Cordis, and Eaton. Langham invests in a portfolio of hotels with a focus on the Asian market. The business segments, Langham, Cordis, and Eaton are individual hotels based in Hong Kong. Langham is involved with the food, meeting, and conference space offerings at each of these hotels. The company generates all of its revenue in Hong Kong.

Langham Hospitality Investments and Langham Hospitality Investments (HKSE:01270) Headlines

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