Caxton and CTP Publishers and Printers (JSE:CATP) Momentum Rank : 1 (As of Apr. 29, 2025)

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What is Caxton and CTP Publishers and Printers Momentum Rank?

Caxton and CTP Publishers and Printers has the Momentum Rank of 1.

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 Caxton and CTP Publishers and Printers's Momentum Rank

For the Publishing subindustry, Caxton and CTP Publishers and Printers'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.

Caxton and CTP Publishers and Printers's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Caxton and CTP Publishers and Printers's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Caxton and CTP Publishers and Printers's Momentum Rank falls into.

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Caxton and CTP Publishers and Printers Momentum Rank Related Terms

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Caxton and CTP Publishers and Printers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Caxton and CTP Publishers and Printers Ltd (JSE:CATP) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

CAT:South Africa

Address

Caxton House, Craighall Park, 368 Jan Smuts Avenue, Johannesburg, GT, ZAF, 2196

Website

https://www.caxton.co.za

Caxton and CTP Publishers and Printers Ltd is a South African media company that publishes regional community newspapers and magazines. It also provides commercial printing, packaging, and book printing to its customers. The group has three reportable segments: Publishing, printing and distribution, Packaging and stationery, and Others. Its packaging segment of the company focuses on cartons, labels, cigarette packs, and point-of-sale packaging displays. The Other segment derives revenue from dividends and certain intergroup charges. The company generates maximum revenue from the Publishing, printing, and distribution segment.

Caxton and CTP Publishers and Printers Headlines

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