Sony Group (TSE:6758) 12-1 Month Momentum %

: 9.35% (As of Today)

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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-19), Sony Group's 12-1 Month Momentum % is 9.35%.

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

TSE:6758's 12-1 Month Momentum % is ranked better than
52.53% of 2429 companies
in the Hardware industry
Industry Median: -4.82 vs TSE:6758: 9.35

Competitive Comparison

For the Consumer Electronics subindustry, Sony Group'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.

Sony Group 12-1 Month Momentum % Distribution

For the Hardware industry and Technology sector, Sony Group's 12-1 Month Momentum % distribution charts can be found below:

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

Sony Group (TSE:6758) 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.

Sony Group (TSE:6758) 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.

Sony Group 12-1 Month Momentum % Related Terms

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Sony Group (TSE:6758) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sony Group Corp (TSE:6758) » Definitions » 12-1 Month Momentum %

Traded in Other Exchanges

SNEJF:USA SONY:USA SONY:Mexico SONA:Germany SON1:Germany SON1:Germany SONA:Germany SON1:Germany SNEC34:Brazil SON1:Austria

Address

7-1, Konan 1-Chome, Minato-ku, Tokyo, JPN, 108-0075

Website

https://www.sony.com

Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.

Sony Group (TSE:6758) Headlines

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