GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Interlink Communication PCL (BKK:ILINK) » Definitions » Momentum Rank

Interlink Communication PCL (BKK:ILINK) Momentum Rank : 10 (As of May. 10, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Interlink Communication PCL Momentum Rank?

Interlink Communication 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 Interlink Communication PCL's Momentum Rank

For the Communication Equipment subindustry, Interlink Communication 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.


Interlink Communication PCL's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Interlink Communication PCL's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Interlink Communication PCL's Momentum Rank falls into.



Interlink Communication PCL Momentum Rank Related Terms

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


Interlink Communication PCL (BKK:ILINK) Business Description

Traded in Other Exchanges
N/A
Address
Ratchadapisek Road, 48 Interlink Building, Soi Rung Rueng, Samsennok, Huaykwang, Bangkok, THA, 10310
Interlink Communication PCL is an importer and distributor of IT network cabling system products. It also offers service outsourcing in the design and installation of network and cabling systems for computers and telecommunications. The company organizes its operations into three main segments: Distribution business, Engineering business, and Telecommunication business. Its product range consists of LAN (UTP), Fiber optic, Tools and testers, Network switches, and Line and German racks, among others. It generates prime revenue from the Distribution segment and Telecommunication segment.

Interlink Communication PCL (BKK:ILINK) Headlines

No Headlines