Dynasty Ceramic PCL (BKK:DCC) Momentum Rank : 10 (As of May. 14, 2024)

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What is Dynasty Ceramic PCL Momentum Rank?

Dynasty Ceramic PCL has the Momentum Rank of 10.

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 Dynasty Ceramic PCL's Momentum Rank

For the Building Products & Equipment subindustry, Dynasty Ceramic PCL'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.

Dynasty Ceramic PCL's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dynasty Ceramic PCL's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Dynasty Ceramic PCL's Momentum Rank falls into.

Dynasty Ceramic PCL Momentum Rank Related Terms

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Dynasty Ceramic PCL (BKK:DCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dynasty Ceramic PCL (BKK:DCC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

37/7 Suthisarnwinijchai Road, Samseannok Sub-district, Huaykwang, Bangkok, THA, 10310

Website

https://www.dynastyceramic.com

Dynasty Ceramic PCL manufactures and sells ceramic wall and floor tiles under brand names including Dynasty, Tomahawk, Jaguar, and Nava. The company has nearly 200 branches throughout Thailand where it serves both retail and wholesale customers. Dynasty distributes its products through roughly 3,000 distributors. Floor tile accounts for more than 80% of the company's sales. More than 90% of the company's revenue comes from sales in Thailand. Dynasty also exports its products to other countries in Asia, Africa, New Zealand, and Canada.

Dynasty Ceramic PCL (BKK:DCC) Headlines

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