Fujisan Magazine Service Co (TSE:3138) Momentum Rank : 1 (As of May. 08, 2024)

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What is Fujisan Magazine Service Co Momentum Rank?

Fujisan Magazine Service Co has the Momentum Rank of 1.

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 Fujisan Magazine Service Co's Momentum Rank

For the Internet Retail subindustry, Fujisan Magazine Service 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.

Fujisan Magazine Service Co's Momentum Rank Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Fujisan Magazine Service Co's Momentum Rank falls into.

Fujisan Magazine Service Co Momentum Rank Related Terms

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Fujisan Magazine Service Co (TSE:3138) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fujisan Magazine Service Co Ltd (TSE:3138) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shibuya-ku, Nanpeidaicho 16-11-7 floor, Tokyo, JPN, 150-0036

Website

http://www.fujisan.co.jp

Fujisan Magazine Service Co Ltd is engaged in retailing online magazines. The Company provides both print and digital magazine sales & subscription services through its website and also offers sales support, packing and delivery services. It provides magazines related to fashion, health, sports, entertainment, and music.

Fujisan Magazine Service Co (TSE:3138) Headlines

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