Asian Phytoceuticals PCL (BKK:APCO) Momentum Rank : 1 (As of Dec. 15, 2024)

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What is Asian Phytoceuticals PCL Momentum Rank?

Asian Phytoceuticals PCL 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 Asian Phytoceuticals PCL's Momentum Rank

For the Household & Personal Products subindustry, Asian Phytoceuticals 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.

Asian Phytoceuticals PCL's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Asian Phytoceuticals PCL's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Asian Phytoceuticals PCL's Momentum Rank falls into.

Asian Phytoceuticals PCL Momentum Rank Related Terms

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Asian Phytoceuticals PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Asian Phytoceuticals PCL (BKK:APCO) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

84/3 Moo 4 Highway No.11 Road, Northern Region Industrial Estate West, Banklang, Muang Lamphun, Lumphun, THA, 51000

Website

https://www.apco.co.th

Asian Phytoceuticals PCL engages in the manufacturing and marketing of herbal healthcare products. The company engages in the production and distribution of dietary supplements, cosmetics, and personal care products made from natural herbs. Its beauty products include skin nourishing and skin care products, hair loss treatment and hair growth products, slimming products, dietary supplements and nutritional products. Geographically the company offers its services only in Thailand.

Asian Phytoceuticals PCL Headlines

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