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C and D Holsin Engineering Consulting Co (SHSE:603909) 6-1 Month Momentum % : -18.16% (As of May. 13, 2024)


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What is C and D Holsin Engineering Consulting Co 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 (2024-05-13), C and D Holsin Engineering Consulting Co's 6-1 Month Momentum % is -18.16%.

The industry rank for C and D Holsin Engineering Consulting Co's 6-1 Month Momentum % or its related term are showing as below:

SHSE:603909's 6-1 Month Momentum % is ranked worse than
81.6% of 1766 companies
in the Construction industry
Industry Median: 6.09 vs SHSE:603909: -18.16

Competitive Comparison of C and D Holsin Engineering Consulting Co's 6-1 Month Momentum %

For the Engineering & Construction subindustry, C and D Holsin Engineering Consulting Co'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.


C and D Holsin Engineering Consulting Co's 6-1 Month Momentum % Distribution in the Construction Industry

For the Construction industry and Industrials sector, C and D Holsin Engineering Consulting Co's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where C and D Holsin Engineering Consulting Co's 6-1 Month Momentum % falls into.



C and D Holsin Engineering Consulting Co  (SHSE:603909) 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.


C and D Holsin Engineering Consulting Co  (SHSE:603909) 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.


C and D Holsin Engineering Consulting Co 6-1 Month Momentum % Related Terms

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C and D Holsin Engineering Consulting Co (SHSE:603909) Business Description

Traded in Other Exchanges
N/A
Address
No. 2368, Fangzhong Road, Unit 1101-1104, Huli District, Fujian Province, Xiamen, CHN, 361009
C and D Holsin Engineering Consulting Co Ltd is a project management, design, and consulting company. It is engaged in building roads, bridges, and tunnels, and also provides traffic engineering and supporting ancillary works. It is specialized in engineering supervision, design consulting, test testing, repair and reinforcement, project management, engineering new material research and development and application, and other technical services.

C and D Holsin Engineering Consulting Co (SHSE:603909) Headlines

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