Marubeni (TSE:8002) 6-1 Month Momentum %

: 15.46% (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 (2024-04-20), Marubeni's 6-1 Month Momentum % is 15.46%.

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

TSE:8002's 6-1 Month Momentum % is ranked better than
66.78% of 569 companies
in the Conglomerates industry
Industry Median: 5.11 vs TSE:8002: 15.46

Competitive Comparison

For the Conglomerates subindustry, Marubeni'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.

Marubeni 6-1 Month Momentum % Distribution

For the Conglomerates industry and Industrials sector, Marubeni's 6-1 Month Momentum % distribution charts can be found below:

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

Marubeni (TSE:8002) 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.

Marubeni (TSE:8002) 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.

Marubeni 6-1 Month Momentum % Related Terms

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Marubeni (TSE:8002) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Marubeni Corp (TSE:8002) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

MARUY:USA MARUF:USA MARA:Germany MARA:Germany

Address

Tokyo Nihombashi Tower, 7-1, Nihonbashi 2-chome, Chuo-ku, Tokyo, JPN, 103-6060

Website

https://www.marubeni.com

Marubeni Corp is a general trading company. It focuses on both trading and business investments in grain fields, natural resource and energy fields, and power generation fields. Investing in farms, power plants, mines, transportation systems, and other distributors allows the company to sell resources to the world market. Marubeni has entered these various markets through multiple avenues. It may either acquire an existing business or develop an entire project internally. The two regions generating the most sales are Japan and the United States. Approximately half of sales derive from Japan, with another third coming from the United States.

Marubeni (TSE:8002) Headlines

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