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Kimberly - Clark de MexicoB de CV (Kimberly - Clark de MexicoB de CV) Momentum Rank : 8 (As of May. 05, 2024)


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What is Kimberly - Clark de MexicoB de CV Momentum Rank?

Kimberly - Clark de MexicoB de CV has the Momentum Rank of 8.

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 Kimberly - Clark de MexicoB de CV's Momentum Rank

For the Household & Personal Products subindustry, Kimberly - Clark de MexicoB de CV'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.


Kimberly - Clark de MexicoB de CV's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kimberly - Clark de MexicoB de CV's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Kimberly - Clark de MexicoB de CV's Momentum Rank falls into.



Kimberly - Clark de MexicoB de CV Momentum Rank Related Terms

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Kimberly - Clark de MexicoB de CV (Kimberly - Clark de MexicoB de CV) Business Description

Traded in Other Exchanges
Address
AV. Jaime Balmes No. 8 9th floor, Los Morales Polanco, Mexico City, MEX, 11510
Kimberly - Clark de Mexico SAB de CV manufactures and sells s a wide selection of paper-based products: napkins, kitchen towels, disposable diapers, feminine-care pads, bathroom tissue, facial tissue, and hand towels, among others. The company's business lines comprise: babies and infants, household products, feminine-care products, personal care, and healthcare. Its brand portfolio includes Kleenex, Sanitas, Kimlark, Petalo, Cottonelle, Depend, and Kotex. The company serves the local market, Mexico, but also the United States, Asia, and Central and South America.

Kimberly - Clark de MexicoB de CV (Kimberly - Clark de MexicoB de CV) Headlines

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