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Pakers Co (XKRX:065690) 6-1 Month Momentum % : -9.83% (As of Dec. 02, 2024)


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What is Pakers 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 (2024-12-02), Pakers Co's 6-1 Month Momentum % is -9.83%.

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

XKRX:065690's 6-1 Month Momentum % is ranked worse than
67.97% of 3013 companies
in the Industrial Products industry
Industry Median: -0.76 vs XKRX:065690: -9.83

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

For the Specialty Industrial Machinery subindustry, Pakers 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.


Pakers Co's 6-1 Month Momentum % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pakers Co's 6-1 Month Momentum % distribution charts can be found below:

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



Pakers Co  (XKRX:065690) 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.


Pakers Co  (XKRX:065690) 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.


Pakers Co 6-1 Month Momentum % Related Terms

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Pakers Co Business Description

Traded in Other Exchanges
N/A
Address
A-2101, 17, Gosan-ro 148, Gyeonggi-do, Gunpo-si, KOR
Pakers Co Ltd is a Korean manufacturer of converting machines. Its offerings include Lid & IML punching machine, Cone sleeve punching machine, Paper cup punching machine, Perforating machine, Sheet cutting machine for the flexible packaging industry.

Pakers Co Headlines

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