Dental PCL (BKK:D-F) Momentum Rank : 1 (As of May. 17, 2024)

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What is Dental PCL Momentum Rank?

Dental 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 Dental PCL's Momentum Rank

For the Medical Care Facilities subindustry, Dental 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.

Dental PCL's Momentum Rank Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dental PCL's Momentum Rank distribution charts can be found below:

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

Dental PCL Momentum Rank Related Terms

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Dental PCL (BKK:D-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Dental Corp PCL (BKK:D-F) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

D:Thailand

Address

157, Ratchadapisek Road, 2nd Floor, Dindaeng, Dindaeng District, Bangkok, THA, 10400

Website

https://www.dentalcorpthailand.com

Dental Corp PCL provides professional dental services. The group's operations involve two business segments, Dental service segment and Distribution of dental supplies and equipment segment. The company provides dental service, dental laboratory service and distribution of dental supplies and equipment. A majority of revenue is derived from the Dental service segment.

Dental PCL (BKK:D-F) Headlines

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