GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ratchaphruek Hospital PCL (BKK:RPH-R) » Definitions » Momentum Rank

Ratchaphruek Hospital PCL (BKK:RPH-R) Momentum Rank : 3 (As of Jul. 24, 2025)


View and export this data going back to 2017. Start your Free Trial

What is Ratchaphruek Hospital PCL Momentum Rank?

Ratchaphruek Hospital PCL has the Momentum Rank of 3.

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 Ratchaphruek Hospital PCL's Momentum Rank

For the Medical Care Facilities subindustry, Ratchaphruek Hospital 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.


Ratchaphruek Hospital PCL's Momentum Rank Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ratchaphruek Hospital PCL's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Ratchaphruek Hospital PCL's Momentum Rank falls into.


;
;

Ratchaphruek Hospital PCL Momentum Rank Related Terms

Thank you for viewing the detailed overview of Ratchaphruek Hospital PCL's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Ratchaphruek Hospital PCL Business Description

Traded in Other Exchanges
Address
456, Moo 14, Mittraphap Road, Amphur Mueng, Khon Kaen, THA, 40000
Ratchaphruek Hospital PCL is engaged in the hospital business. It provides medical services comprising in-patient department, which derives maximum revenue and out-patient departments. Some of the services include Surgery; Pediatric; Orthopedic; Obstetrics and Gynecology and others. The company also operates in a single geographic area which is Thailand.

Ratchaphruek Hospital PCL Headlines

No Headlines