Suzuki Motor (Suzuki Motor) Momentum Rank : 3 (As of Apr. 27, 2024)

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What is Suzuki Motor Momentum Rank?

Suzuki Motor has the Momentum Rank of 3.

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 Suzuki Motor's Momentum Rank

For the Auto Manufacturers subindustry, Suzuki Motor'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.

Suzuki Motor's Momentum Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Suzuki Motor's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Suzuki Motor's Momentum Rank falls into.

Suzuki Motor Momentum Rank Related Terms

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Suzuki Motor (Suzuki Motor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Suzuki Motor Corp (OTCPK:SZKMF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

SZKMY:USA 7269:Japan SUK:Germany

Address

300 Takatsuka-cho, Minami-ku, Shizuoka, Hamamatsu, JPN, 432-8611

Website

https://www.globalsuzuki.com

Suzuki Motor Corp is an automobile manufacturing company. It organizes itself into three segments based on product type namely: automobile, motorcycle, and Marine business. The automotive business, which contributes the vast majority of revenue, largely focuses on passenger vehicles. The motorcycle business manufactures on- and off-road motorcycles and scooters, and contributes the next-largest portion of sales. The Marine business manufactures four-stroke motors for marine use. Nearly half of consolidated revenue is derived from Asian countries excluding Japan, with a third of sales made domestically.

Suzuki Motor (Suzuki Motor) Headlines

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