SCI Electric PCL (BKK:SCI) Momentum Rank : 10 (As of May. 27, 2024)

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What is SCI Electric PCL Momentum Rank?

SCI Electric PCL has the Momentum Rank of 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.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of SCI Electric PCL's Momentum Rank

For the Electrical Equipment & Parts subindustry, SCI Electric 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.

SCI Electric PCL's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SCI Electric PCL's Momentum Rank distribution charts can be found below:

* The bar in red indicates where SCI Electric PCL's Momentum Rank falls into.

SCI Electric PCL Momentum Rank Related Terms

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SCI Electric PCL (BKK:SCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SCI Electric PCL (BKK:SCI) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

107/1 Moo 1, Bangna-Trad Road, Bangprieng, Bangbo, Samutprakarn, THA, 10560

Website

http://www.sci-mfgr.com

SCI Electric PCL manufactures and sells electric equipment and galvanized steel structures. The company's operating segments include Manufacture of switchboard, Manufacture and galvanized services and Services and others. Its offerings under the galvanized service segment include manufacturing and selling high-voltage transmission line towers, telecommunication towers, galvanizing steel structures and sale of wiring electric equipment and hot-dip galvanized service which accounts for the majority of the company revenues.