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Moshi Moshi Retail PCL (BKK:MOSHI) Momentum Rank : 0 (As of Jun. 04, 2024)


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What is Moshi Moshi Retail PCL Momentum Rank?

Moshi Moshi Retail PCL has the Momentum Rank of 0.

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.

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Moshi Moshi Retail PCL (BKK:MOSHI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Moshi Moshi Retail Corp PCL (BKK:MOSHI) » Definitions » Momentum Rank
Comparable Companies
BOM:532513 BOM:517544 BOM:543378 NSE:PANACHE BOM:504112 BOM:526775 BOM:541151 BOM:500074 BOM:523411 BOM:543787 TSE:8267 PHS:SM LIVEPOL1 JSE:SHP TSE:9005 BKK:CRC LSE:MKS XSGO:FALABELLA DDS XSGO:CENCOSUD
Traded in Other Exchanges
N/A
Address
No. 303 Vanich 1 Road, Khwaeng Chakkrawat, Khet Samphanthawong, Bangkok, THA, 10100
Website
https://www.moshimoshi.co.th
Moshi Moshi Retail Corp PCL is a wholesaler of stylish products and various items used in daily life. The company's product portfolio includes household items, stationery, bag, doll, costume, fashion, health and beauty, cosmetics, IT equipment, toy, candy, and others.

Moshi Moshi Retail PCL (BKK:MOSHI) Headlines

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