Siamraj PCL (BKK:SR) Momentum Rank : 9 (As of Mar. 27, 2025)

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What is Siamraj PCL Momentum Rank?

Siamraj PCL has the Momentum Rank of 9.

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 Siamraj PCL's Momentum Rank

For the Oil & Gas Equipment & Services subindustry, Siamraj 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.

Siamraj PCL's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Siamraj PCL's Momentum Rank distribution charts can be found below:

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

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Siamraj PCL Momentum Rank Related Terms

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Siamraj PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Siamraj PCL (BKK:SR) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Old Tramway Road, 89/9 Village No. 10, Samrong Subdistrict, Phra Pradaeng District, Samut Prakan Province, Samutprakarn, THA, 10130

Website

https://www.siamrajplc.com

Siamraj PCL is engaged in various business activities. Along with its subsidiaries, the company operates in the following reportable segments; Industrial pumps, Natural gas metering and transmission systems, Alternative energy, Field of flow measurement business, and Other businesses. Maximum revenue is generated from its Industrial pumps segment which is engaged in trading of industrial engineered pumps such as gear pumps, sanitary pumps, vacuum pumps, industrial air compressors, and gas turbine and gas equipment systems among others. The Natural gas metering and transmission systems segment is involved in providing engineering services for laying natural gas pipelines, designing and constructing natural gas metering stations, and other related activities.