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PSP Specialties PCL (BKK:PSP) Momentum Rank : 0 (As of Apr. 27, 2025)


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What is PSP Specialties PCL Momentum Rank?

PSP Specialties PCL has the Momentum Rank of 0.

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.

PSP Specialties PCL Momentum Rank Related Terms

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PSP Specialties PCL Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PSP Specialties PCL (BKK:PSP) » Definitions » Momentum Rank
Comparable Companies
BKK:SPG BKK:TEGH BKK:EPG BKK:NER BKK:CMAN BKK:GC BKK:TMW BKK:PTL BKK:SELIC BKK:SWC LIN XPAR:AI SHW ECL APD XSWX:GIVN XSWX:SIKA ISX:TPIA DD SHSE:600309
Traded in Other Exchanges
N/A
Address
1 Boromrachachonanee Road, Arun-Amarin, Bangkoknoi, Bangkok, THA, 10700
Website
https://www.psp.co.th
PSP Specialties PCL is engaged in the manufacturing and sales of lubricants and greases, warehouse service, and hired transport. Its services start from raw material sourcing and product design to manufacturing, packaging, storage, and distribution. The company produces made-to-order products in a timely and efficient manner based on specific customer requirements. Its main products include lubricant oil, grease, and specialty products such as rubber process oil and transformer oil. It conducts business both domestically and abroad such as in Cambodia, Myanmar, Vietnam, Pakistan, Russia, Sri Lanka, China, Indonesia, etc.

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