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Unigroup Guoxin Microelectronics Co (SZSE:002049) 12-1 Month Momentum % : -38.10% (As of May. 12, 2024)


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What is Unigroup Guoxin Microelectronics 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 (2024-05-12), Unigroup Guoxin Microelectronics Co's 12-1 Month Momentum % is -38.10%.

The industry rank for Unigroup Guoxin Microelectronics Co's 12-1 Month Momentum % or its related term are showing as below:

SZSE:002049's 12-1 Month Momentum % is ranked worse than
85.82% of 952 companies
in the Semiconductors industry
Industry Median: -1.01 vs SZSE:002049: -38.10

Competitive Comparison of Unigroup Guoxin Microelectronics Co's 12-1 Month Momentum %

For the Semiconductors subindustry, Unigroup Guoxin Microelectronics 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.


Unigroup Guoxin Microelectronics Co's 12-1 Month Momentum % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Unigroup Guoxin Microelectronics Co's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Unigroup Guoxin Microelectronics Co's 12-1 Month Momentum % falls into.



Unigroup Guoxin Microelectronics Co  (SZSE:002049) 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.


Unigroup Guoxin Microelectronics Co  (SZSE:002049) 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.


Unigroup Guoxin Microelectronics Co 12-1 Month Momentum % Related Terms

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Unigroup Guoxin Microelectronics Co (SZSE:002049) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Wangzhuang Road, 15th Floor, Building D, Tsinghua Tongfang Hi-tech Plaza, Haidian District, Beijing, CHN, 100083
Unigroup Guoxin Microelectronics Co Ltd is a professional integrated circuit design company. It provides integrated circuit chips, smart card chip, terminal chip, special ICs and crystal chips. The company has five existing business sections, including Tongfang Microelectronics engaged in the smart card chip design business, Shenzhen Guowei engaged in IC design in a specific industry, Unigroup Tongchuang engaged in FPGA, Xi 'an Unigroup Guoxin engaged in memory chip design, and Crystal Business Department engaged in crystal business.

Unigroup Guoxin Microelectronics Co (SZSE:002049) Headlines

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