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U-Next Holdings Co (TSE:9418) 12-1 Month Momentum % : 69.26% (As of May. 01, 2024)


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What is U-Next Holdings Co 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-01), U-Next Holdings Co's 12-1 Month Momentum % is 69.26%.

The industry rank for U-Next Holdings Co's 12-1 Month Momentum % or its related term are showing as below:

TSE:9418's 12-1 Month Momentum % is ranked better than
89.48% of 580 companies
in the Conglomerates industry
Industry Median: 3.795 vs TSE:9418: 69.26

Competitive Comparison of U-Next Holdings Co's 12-1 Month Momentum %

For the Conglomerates subindustry, U-Next Holdings Co'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.


U-Next Holdings Co's 12-1 Month Momentum % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, U-Next Holdings Co's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where U-Next Holdings Co's 12-1 Month Momentum % falls into.



U-Next Holdings Co  (TSE:9418) 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.


U-Next Holdings Co  (TSE:9418) 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.


U-Next Holdings Co 12-1 Month Momentum % Related Terms

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U-Next Holdings Co (TSE:9418) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Shin-Osaki 3-chome, Meguro Central Square, Shinagawa-ku, Tokyo, JPN, 141-0021
Usen-Next Holdings Co Ltd engages in the provision of digital content and mobile communication services. The firm's business line includes U-NEXT business, Content platform business, Mobile communication business, Fixed-line telecommunications business for multi-family housing, and BPO Business. Its content platform business engages in planning, developing, operating, and marketing U-NEXT, a video distribution service; and the provision of application development and infrastructure distribution services. The company also provides multi-MVNO cheap SIM, and cheap smartphone services; offers fixed-line telecommunications and optical Internet services; and operates contact centers.

U-Next Holdings Co (TSE:9418) Headlines

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