ZTO Express (Cayman) (ZTO Express (Cayman)) 6-1 Month Momentum %

: -9.16% (As of Today)

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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-17), ZTO Express (Cayman)'s 6-1 Month Momentum % is -9.16%.

The industry rank for ZTO Express (Cayman)'s 6-1 Month Momentum % or its related term are showing as below:

ZTO's 6-1 Month Momentum % is ranked worse than
73.2% of 1041 companies
in the Transportation industry
Industry Median: 2.64 vs ZTO: -9.16

Competitive Comparison

For the Integrated Freight & Logistics subindustry, ZTO Express (Cayman)'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.

ZTO Express (Cayman) 6-1 Month Momentum % Distribution

For the Transportation industry and Industrials sector, ZTO Express (Cayman)'s 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where ZTO Express (Cayman)'s 6-1 Month Momentum % falls into.

ZTO Express (Cayman) (NYSE:ZTO) 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.

ZTO Express (Cayman) (NYSE:ZTO) 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.

ZTO Express (Cayman) 6-1 Month Momentum % Related Terms

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ZTO Express (Cayman) (ZTO Express (Cayman)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ZTO Express (Cayman) Inc (NYSE:ZTO) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

ZTO:Mexico 02057:Hong Kong 0A33:UK ZTOA:Germany Z1TO34:Brazil

Address

No. 1685 Huazhi Road, Building One, Qingpu District, Shanghai, CHN, 201708

Website

http://ir.zto.com

ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 22.1% in 2022. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains the Chairman, CEO, and its major shareholder with 77% voting rights as of June 30, 2023. ZTO's strategic shareholder is leading China e-commerce company, Alibaba Group, with around an 11.7% interest.