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Malayan Flour Mills Bhd (XKLS:3662) 12-1 Month Momentum % : -8.90% (As of May. 12, 2024)


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What is Malayan Flour Mills Bhd 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), Malayan Flour Mills Bhd's 12-1 Month Momentum % is -8.90%.

The industry rank for Malayan Flour Mills Bhd's 12-1 Month Momentum % or its related term are showing as below:

XKLS:3662's 12-1 Month Momentum % is ranked worse than
60.53% of 1966 companies
in the Consumer Packaged Goods industry
Industry Median: -2.335 vs XKLS:3662: -8.90

Competitive Comparison of Malayan Flour Mills Bhd's 12-1 Month Momentum %

For the Farm Products subindustry, Malayan Flour Mills Bhd'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.


Malayan Flour Mills Bhd's 12-1 Month Momentum % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Malayan Flour Mills Bhd's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Malayan Flour Mills Bhd's 12-1 Month Momentum % falls into.



Malayan Flour Mills Bhd  (XKLS:3662) 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.


Malayan Flour Mills Bhd  (XKLS:3662) 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.


Malayan Flour Mills Bhd 12-1 Month Momentum % Related Terms

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Malayan Flour Mills Bhd (XKLS:3662) Business Description

Traded in Other Exchanges
N/A
Address
Level 28, Menara Citibank, Suite 28.01, 165 Jalan Ampang, Kuala Lumpur, SGR, MYS, 50450
Malayan Flour Mills Bhd is engaged in the flour milling industry in Malaysia. It has three operating segments; Flour and grain trading segment includes Milling and selling wheat flour and trading in grain and other allied products, Poultry integration segment includes Manufacture and sale of animal feeds, processing and sale of poultry products, poultry grow-out farm, breeding and sale of day-old-chicks and contract farming activities, and Other segment include Manufacture and sale of aqua feeds, re-measurement of contingent consideration receivable and provision for profit guarantee payment. Maximum revenue is generated by the Flour and grains trading segment. Geographically, Malaysia generates a majority of the revenue for the company.

Malayan Flour Mills Bhd (XKLS:3662) Headlines

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