Holcim Philippines (Holcim Philippines) Momentum Rank : 1 (As of Jun. 11, 2024)

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What is Holcim Philippines Momentum Rank?

Holcim Philippines has the Momentum Rank of 1.

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 Holcim Philippines's Momentum Rank

For the Building Materials subindustry, Holcim Philippines'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.

Holcim Philippines's Momentum Rank Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Holcim Philippines's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Holcim Philippines's Momentum Rank falls into.

Holcim Philippines Momentum Rank Related Terms

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Holcim Philippines (Holcim Philippines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Holcim Philippines Inc (OTCPK:HCPHY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

7th Floor, Two World Square, McKinley Hill, Fort Bonifacio, Taguig City, PHL, 1634

Website

https://www.holcim.ph

Holcim Philippines Inc is a cement manufacturer. The company manufactures, sells and distributes cement and clinker, along with it also provides aggregates, concrete and construction related services. The company's product line includes xcement, dry mix mortar products, clinker, and ready mix concrete. Its cement brands are Holcim Premium (Type 1 portland cement), Holcim 4X (Type 1 high-performance Portland cement), Holcim Excel (Type 1P blended cement), and Holcim WallRight (Type S Masonry cement). Its assets include four production facilities, one cement grinding mill, five ports, and various storage and distribution points.

Holcim Philippines (Holcim Philippines) Headlines

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