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PlayD Co (XKRX:237820) 6-1 Month Momentum % : 74.48% (As of Jun. 04, 2024)


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What is PlayD 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 (2024-06-04), PlayD Co's 6-1 Month Momentum % is 74.48%.

The industry rank for PlayD Co's 6-1 Month Momentum % or its related term are showing as below:

XKRX:237820's 6-1 Month Momentum % is ranked better than
94.8% of 1058 companies
in the Media - Diversified industry
Industry Median: -2.205 vs XKRX:237820: 74.48

Competitive Comparison of PlayD Co's 6-1 Month Momentum %

For the Advertising Agencies subindustry, PlayD 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.


PlayD Co's 6-1 Month Momentum % Distribution in the Media - Diversified Industry

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

* The bar in red indicates where PlayD Co's 6-1 Month Momentum % falls into.



PlayD Co  (XKRX:237820) 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.


PlayD Co  (XKRX:237820) 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.


PlayD Co 6-1 Month Momentum % Related Terms

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PlayD Co (XKRX:237820) Business Description

Traded in Other Exchanges
N/A
Address
11, Hwangsaeul-ro, 359, beon-gil, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13590
PlayD Co Ltd operates as an advertisement services company which provides support services for online advertising and mobile advertising, website consulting and creative design. Also, the company provides marketing activity analysis solution, data integration analytics solution, online market analysis solution, online advertising management solution, and others.

PlayD Co (XKRX:237820) Headlines

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