Crown Seal (BKK:CSC) Momentum Rank : 9 (As of Jun. 11, 2024)

View and export this data going back to 1977. Start your Free Trial

What is Crown Seal Momentum Rank?

Crown Seal has the Momentum Rank of 9.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Crown Seal's Momentum Rank

For the Packaging & Containers subindustry, Crown Seal's Momentum Rank, along with its competitors' market caps and Momentum Rank 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.

Crown Seal's Momentum Rank Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Crown Seal's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Crown Seal's Momentum Rank falls into.

Crown Seal Momentum Rank Related Terms

Thank you for viewing the detailed overview of Crown Seal's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Crown Seal (BKK:CSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Crown Seal PLC (BKK:CSC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Soi Rangsit - Nakhon Nayok 46, Tambon Prachatipat, Amphur Thanyaburi, Pathum Thani, THA, 12130

Website

https://crownseal.co.th

Crown Seal PLC is engaged in the manufacture and sale of caps for bottles. Based on the products and services, the company is engaged in two reportable segments: Manufacture and sale of caps and Hire of printing sheets for the can. Its products and services include Crown Cap, Maxi Crown, Composite Cap, Hand-crowner, Plastic Cap, and others. The company earns the highest revenue from the Manufacture and sale of caps segment.

Crown Seal (BKK:CSC) Headlines

No Headlines