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Kuang Pein Food Products PCL (BKK:POMPUI) Momentum Rank : 0 (As of Jun. 12, 2024)


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What is Kuang Pein Food Products PCL Momentum Rank?

Kuang Pein Food Products 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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Kuang Pein Food Products PCL (BKK:POMPUI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kuang Pei San Food Products PCL (BKK:POMPUI) » Definitions » Momentum Rank
Comparable Companies
BKK:JDF BKK:F&D BKK:KASET XSWX:NESN SHSE:603288 KHC GIS SZSE:300999 SHSE:600887 XPAR:BN HRL K NSE:NESTLEIND MKC DUB:KRZ HKSE:02319 CAG BIMBOA XAMS:JDEP CPB
Traded in Other Exchanges
N/A
Address
88/9 Village No. 4, Na Tham Nua Subdistrict, Mueang Trang District, Trang Province, Bangkok, THA, 92190
Website
https://www.smilingfish.com
Kuang Pei San Food Products PCL operates in the packaged food industry. Its main business activity is manufacturing and selling of tinned foods and seafood processing services. The company operates its business in geographical segments including the Thailand market and overseas market.

Kuang Pein Food Products PCL (BKK:POMPUI) Headlines

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