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Linkgenesis Co (XKRX:219420) 6-1 Month Momentum % : 25.45% (As of Jun. 03, 2024)


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What is Linkgenesis Co 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-06-03), Linkgenesis Co's 6-1 Month Momentum % is 25.45%.

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

XKRX:219420's 6-1 Month Momentum % is ranked better than
79.36% of 974 companies
in the Semiconductors industry
Industry Median: -4.43 vs XKRX:219420: 25.45

Competitive Comparison of Linkgenesis Co's 6-1 Month Momentum %

For the Semiconductors subindustry, Linkgenesis Co'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.


Linkgenesis Co's 6-1 Month Momentum % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Linkgenesis Co's 6-1 Month Momentum % distribution charts can be found below:

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



Linkgenesis Co  (XKRX:219420) 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.


Linkgenesis Co  (XKRX:219420) 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.


Linkgenesis Co 6-1 Month Momentum % Related Terms

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Linkgenesis Co (XKRX:219420) Business Description

Traded in Other Exchanges
N/A
Address
No 319, Daeryung Techno Town 15 Cha, 401, Simin-daero, Dongan-gu, Gyeonggi-do, Anyang-si, KOR
Linkgenesis Co Ltd is engaged in producing information automation system, host communication system & RTMS for semiconductor, LCD. LED and Solar industry. It also provides outsources software testing service & software products & outsourced development.

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