Fuji Electric Co (FRA:FJE) Momentum Rank : 10 (As of Dec. 11, 2024)

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

What is Fuji Electric Co Momentum Rank?

Fuji Electric Co 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 Fuji Electric Co's Momentum Rank

For the Electrical Equipment & Parts subindustry, Fuji 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.

Fuji Electric Co's Momentum Rank Distribution in the Industrial Products Industry

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

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

Fuji Electric Co Momentum Rank Related Terms

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

Fuji Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fuji Electric Co Ltd (FRA:FJE) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

FELTY:USA FELTF:USA 6504:Japan FJE:Germany

Address

Gate City Ohsaki, East Tower, 11-2, Osaki 1-chome, Shinagawa-ku, Tokyo, JPN, 141-0032

Website

http://www.fujielectric.co.jp

Fuji Electric Co Ltd is a Japanese electrical equipment manufacturer and distributor that operates through five main segments: power electronic systems energy, power electronic systems energy industry, electronic devices, food and beverage distribution, and power generation. The main revenue drivers, power electronic systems energy and industry, include energy management, factory automation, and IT solutions. Electronic devices includes the manufacture and sale of semiconductors and magnetic disks. Food and beverage distribution offers vending machines across the world. The power generation segment provides design, manufacturing and on-site installation services. The firm generates maximum revenue in Asia, with some derived from Europe and the Americas.

Fuji Electric Co Headlines

No Headlines