GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » P.C.S. Machine Group Holding PCL (BKK:PCSGH-R) » Definitions » Momentum Rank

P.C.S. Machine Group Holding PCL (BKK:PCSGH-R) Momentum Rank : 1 (As of Jul. 22, 2025)


View and export this data going back to 2014. Start your Free Trial

What is P.C.S. Machine Group Holding PCL Momentum Rank?

P.C.S. Machine Group Holding PCL has the Momentum Rank of 1.

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 P.C.S. Machine Group Holding PCL's Momentum Rank

For the Auto Parts subindustry, P.C.S. Machine Group Holding 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.


P.C.S. Machine Group Holding PCL's Momentum Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, P.C.S. Machine Group Holding PCL's Momentum Rank distribution charts can be found below:

* The bar in red indicates where P.C.S. Machine Group Holding PCL's Momentum Rank falls into.


;
;

P.C.S. Machine Group Holding PCL Momentum Rank Related Terms

Thank you for viewing the detailed overview of P.C.S. Machine Group Holding PCL's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


P.C.S. Machine Group Holding PCL Business Description

Traded in Other Exchanges
Address
2/1-9 Moo 3, Khok Kruat, Mueang Nakhorn Ratchasima, Nakhon Ratchasima, THA, 30280
P.C.S. Machine Group Holding PCL is a Thailand-based auto parts manufacturer. It is engaged in the manufacture and sale of automotive parts. The group through its subsidiary manufactures engine parts, transmission parts, final drive parts such as camshaft, common rail, gear, and shaft. It also manufactures die casting parts like high-pressure die-casting, vacuum casting, and other aluminum machining parts through its die-casting subsidiary. The company has two reportable segments Asia segment and Europe segment. Majority of its revenue is generated from Asia segment.

P.C.S. Machine Group Holding PCL Headlines

No Headlines