Comsys Holdings (Comsys Holdings) Momentum Rank : 6 (As of May. 04, 2024)

View and export this data going back to 2014. Start your Free Trial

What is Comsys Holdings Momentum Rank?

Comsys Holdings has the Momentum Rank of 6.

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 Comsys Holdings's Momentum Rank

For the Engineering & Construction subindustry, Comsys Holdings'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.

Comsys Holdings's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Comsys Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Comsys Holdings's Momentum Rank falls into.

Comsys Holdings Momentum Rank Related Terms

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

Comsys Holdings (Comsys Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Comsys Holdings Corp (OTCPK:CMSYF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

1721:Japan

Address

17-1, Higashigotanda 2-chome, Shinagawa-ku, Tokyo, JPN, 141-8647

Website

http://www.comsys-hd.co.jp

Comsys Holdings Corp installs electrical and telecommunications facilities and equipment. It provides solutions for information-process systems and develops software to fit the needs of customers. One division of the company connects telephone lines and other communication equipment and implements wireless base stations. It provides equipment for the mobile industry, and supplies maintenance work to transform telephone networks. Comsys Holdings has four business segments: NTT Engineering, NCC Engineering, IT Solutions, and Social System-Related and Other. It plans proposals for customers' systems integration and software upgrades and provides repair services to keep a system intact. The company has been instrumental in the development of Japan's telecommunications infrastructure.

Comsys Holdings (Comsys Holdings) Headlines

No Headlines