CANRF (Canare Electric Co) Momentum Rank: 7 (As of Aug. 05, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CANRF Canare Electric Co Ltd CANRF
80 GF Score
Price $9.96
GF Value $9.18
! 4 Warning Signs
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What is Canare Electric Co Momentum Rank?

Canare Electric Co CANRF 80 Momentum Rank is 7 as of Aug. 05, 2026, which is at its 10-year median of 7.00. GuruFocus rates CANRF with a GF Score™ of 80/100 and a GF Value™ of $9.18. The stock has 4 warning signs investors should review.

Canare Electric Co has the Momentum Rank of 7.

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.

Canare Electric Co Momentum Rank Related Terms

CANRF vs VRT, BE: Momentum Rank Comparison

For the Electrical Equipment & Parts subindustry, Canare Electric Co'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.

Canare Electric Co Momentum Rank vs Industrial Products Industry

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

* The bar in red indicates where Canare Electric Co's Momentum Rank falls into.


CANRF
80GF Score
Canare Electric Co Ltd CANRF
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Momentum Rank →
What does a Momentum Rank of 7 mean?
Canare Electric Co (CANRF) has a Momentum Rank of 7 as of Aug. 05, 2026. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on Canare Electric Co and its competitors. This is near median its historical median of 7.00. Over the past decade, Canare Electric Co's Momentum Rank has ranged from 4.00 to 10.00.
Is Canare Electric Co's Momentum Rank too high?
Canare Electric Co's current Momentum Rank of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 10.00. Overall, Canare Electric Co has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Canare Electric Co's Momentum Rank compare to VRT and BE?
Canare Electric Co's Momentum Rank of 7 can be compared against companies in the Industrial Products industry. Historically, Canare Electric Co's own Momentum Rank has ranged from 4.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Momentum Rank for an Industrial Products company?
A good Momentum Rank depends on the Industrial Products industry context. However, Momentum Rank should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Momentum Rank mean?
A high Momentum Rank can signal that a stock is expensive relative to its fundamentals. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on Canare Electric Co and its competitors. Canare Electric Co's current Momentum Rank is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canare Electric Co stock overvalued right now?
Canare Electric Co (CANRF) has a current Momentum Rank of 7. The stock's GF Value™ is $9.18, compared to a current price of $9.96 — trading 8.5% above its estimated fair value. The current Momentum Rank is 7, which is near median its 10-year median of 7.00. Canare Electric Co's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Momentum Rank calculated?
Momentum Rank is calculated from a company's financial statements. For Canare Electric Co (CANRF), the current Momentum Rank is 7 as of Aug. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Canare Electric Co (CANRF) Overvalued in 2026?

Based on GuruFocus' analysis, Canare Electric Co stock appears to be overvalued. The current stock price of $9.96 is trading 8.5% above its estimated GF Value™ of $9.18.

Key valuation signals for CANRF:

  • Momentum Rank: 7 (near median its 10-year median of 7.00)
  • GF Value™: $9.18 vs. price of $9.96 (8.5% above fair value)
  • GF Score™: 80/100 with 4 warning signs

No single metric tells the full story. See the CANRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Canare Electric Co Business Description

Other Exchanges 5819:Japan
Address 1201-10 Okumawari, Fujieda-cho, Aichi Prefecture, Nisshin, JPN, 105-0011
Canare Electric Co Ltd develops, manufactures, and sells audio and video cables, connectors, patchbays, assemblies, converters and related products, and fiber-optic products. Its products include video jacks, crimp plugs, coaxial cable strippers, receptacles, and adapters. It serves television broadcasting, and professional audio and video industries.
80GF Score

Get the complete analysis for CANRF

Momentum Rank is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.96
Price
$9.18
GF Value