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Easy Click Worldwide Network Technology Co (SZSE:301171) 6-1 Month Momentum % : -17.70% (As of May. 14, 2024)


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What is Easy Click Worldwide Network Technology 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 (2024-05-14), Easy Click Worldwide Network Technology Co's 6-1 Month Momentum % is -17.70%.

The industry rank for Easy Click Worldwide Network Technology Co's 6-1 Month Momentum % or its related term are showing as below:

SZSE:301171's 6-1 Month Momentum % is ranked worse than
73.13% of 1057 companies
in the Media - Diversified industry
Industry Median: 1.28 vs SZSE:301171: -17.70

Competitive Comparison of Easy Click Worldwide Network Technology Co's 6-1 Month Momentum %

For the Advertising Agencies subindustry, Easy Click Worldwide Network Technology 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.


Easy Click Worldwide Network Technology Co's 6-1 Month Momentum % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Easy Click Worldwide Network Technology Co's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Easy Click Worldwide Network Technology Co's 6-1 Month Momentum % falls into.



Easy Click Worldwide Network Technology Co  (SZSE:301171) 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.


Easy Click Worldwide Network Technology Co  (SZSE:301171) 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.


Easy Click Worldwide Network Technology Co 6-1 Month Momentum % Related Terms

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Easy Click Worldwide Network Technology Co (SZSE:301171) Business Description

Traded in Other Exchanges
N/A
Address
No. 156, Tiangu Eighth Road, Room 903, Building C3, Phase II, Software New Town R&D Base, High-tech Zone, Shaanxi Province, Xi'an City, CHN, 710077
Easy Click Worldwide Network Technology Co Ltd is committed as a global intelligent data-driven marketing service profession to provide results-driven services included performance marketing, brand building and industrial solutions integrating. The company's clients is involved in wide range industries of E-commerce, tool applications, information dissemination, games and other pan-entertainment applications.

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