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Ssial Food (XKRX:236030) 6-1 Month Momentum % : -32.54% (As of May. 12, 2024)


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What is Ssial Food 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 (2024-05-12), Ssial Food's 6-1 Month Momentum % is -32.54%.

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

XKRX:236030's 6-1 Month Momentum % is ranked worse than
93.63% of 1993 companies
in the Consumer Packaged Goods industry
Industry Median: 1.09 vs XKRX:236030: -32.54

Competitive Comparison of Ssial Food's 6-1 Month Momentum %

For the Farm Products subindustry, Ssial Food'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.


Ssial Food's 6-1 Month Momentum % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ssial Food's 6-1 Month Momentum % distribution charts can be found below:

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



Ssial Food  (XKRX:236030) 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.


Ssial Food  (XKRX:236030) 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.


Ssial Food 6-1 Month Momentum % Related Terms

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Ssial Food (XKRX:236030) Business Description

Traded in Other Exchanges
N/A
Address
85 to Bio Valley 1, Chungcheongbuk-do, Jecheon, KOR
Ssial Food Inc is a Korea based manufacturer of cereal products, starch and starch products. Its product portfolio covers almond flakes, pororo conplasor, rice flakes, and others. The business domain of the company includes Brand business, ODM business and Global business. In Brand business, the company is engaged in producing and selling self-branded products such as cereal, cereal bars, and health functional foods. In ODM business, the organization is involved in the production and delivery of PB products to domestic distributors. The organization is also involved in product development and export activities in the Global business division.

Ssial Food (XKRX:236030) Headlines

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