Matching Maximize Solution PCL (BKK:MATCH) Momentum Rank : 4 (As of Mar. 05, 2025)

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What is Matching Maximize Solution PCL Momentum Rank?

Matching Maximize Solution PCL has the Momentum Rank of 4.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Matching Maximize Solution PCL's Momentum Rank

For the Entertainment subindustry, Matching Maximize Solution 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.

Matching Maximize Solution PCL's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Matching Maximize Solution PCL's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Matching Maximize Solution PCL's Momentum Rank falls into.

Matching Maximize Solution PCL Momentum Rank Related Terms

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Matching Maximize Solution PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Matching Maximize Solution PCL (BKK:MATCH) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

MATCH-R:Thailand

Address

Sukhothai Road, Number 305/12 Soi Sukhothai 6, Dusit, Bangkok, THA, 10300

Website

https://www.matchinggroup.com

Matching Maximize Solution PCL is engaged in the business of content production, providing film production equipment for rent and related services, selling of goods, providing services and renting of studio. Its operating segment includes Content Production; Equipment rental and service; Studio rental and service and Sales of products. The company generates maximum revenue from the Equipment rental and service segment.

Matching Maximize Solution PCL Headlines

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