Takashimaya Co (Takashimaya Co) Momentum Rank : 8 (As of May. 17, 2024)

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What is Takashimaya Co Momentum Rank?

Takashimaya Co has the Momentum Rank of 8.

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 Takashimaya Co's Momentum Rank

For the Department Stores subindustry, Takashimaya 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.

Takashimaya Co's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Takashimaya Co's Momentum Rank distribution charts can be found below:

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

Takashimaya Co Momentum Rank Related Terms

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Takashimaya Co (Takashimaya Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Takashimaya Co Ltd (OTCPK:TKSHF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

8233:Japan TKM:Germany

Address

No. 1 No. 5, Osaka Namba 5-chome, Chuo-ku, Osaka, JPN, 542-8510

Website

http://www.takashimaya.co.jp

Takashimaya Co Ltd is a Japanese company that operates department stores in Japan and overseas in Singapore and China. The company is involved in shopping-center development, consumer finance, and other businesses. The chain offers a wide variety of products: clothing, cosmetics, household goods, food products, restaurants, and services. The second core business is shopping-center development and management through Toshin development. Other group businesses include design and interior decoration, credit cards, dining and restaurants, advertising and publicity, personnel services and solutions, and insurance.

Takashimaya Co (Takashimaya Co) Headlines

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