DKK Co (DKK Co) Momentum Rank : 2 (As of Jun. 04, 2024)

View and export this data going back to 2015. Start your Free Trial

What is DKK Co Momentum Rank?

DKK Co has the Momentum Rank of 2.

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 DKK Co's Momentum Rank

For the Communication Equipment subindustry, DKK Co'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.

DKK Co's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, DKK Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where DKK Co's Momentum Rank falls into.

DKK Co Momentum Rank Related Terms

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

DKK Co (DKK Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » DKK Co Ltd (OTCPK:DNKGF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

6706:Japan

Address

3-3-1, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

http://www.denkikogyo.co.jp

DKK Co Ltd engages in the design, manufacture, and sale of telecommunications facilities and equipment. It operates through the following divisions: Telecommunication, and Radio Frequency. The Telecommunication segment develops, designs, manufactures and installs antennas, mobile communications towers, peripheral devices, steel structures and solar power panels. The Radio Frequency segment includes induction heating equipment, radio frequency-applied equipment, and vacuum furnaces.

DKK Co (DKK Co) Headlines

No Headlines