LSDAF (Lassonde Industries) Momentum Rank : 7 (As of Mar. 05, 2025)

View and export this data going back to 2013. Start your Free Trial

What is Lassonde Industries Momentum Rank?

Lassonde Industries has the Momentum Rank of 7.

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 Lassonde Industries's Momentum Rank

For the Beverages - Non-Alcoholic subindustry, Lassonde Industries'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.

Lassonde Industries's Momentum Rank Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Lassonde Industries's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Lassonde Industries's Momentum Rank falls into.

Lassonde Industries Momentum Rank Related Terms

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

Lassonde Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Lassonde Industries Inc (OTCPK:LSDAF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

LAS.A:Canada

Address

755 Principale Street, Rougemont, QC, CAN, J0L 1M0

Website

https://www.lassonde.com

Lassonde Industries Inc isfood and beverages industry in North America. It develops, manufactures, and markets a wide range of private label and national brand products, including ready-to-drink beverages, fruit-based snacks as well as frozen juice concentrates. It is also a producer of cranberry sauces and specialty food products such as pasta sauces, soups and fondue broths and sauces. The company operates through a single segment. Its single operating segment generates revenues from the sale of products including ready-to-drink beverages, fruit-based snacks, frozen juice concentrates and specialty food products as well as from rendering services related to the sale of these products. It earns the majority of the revenue in the United States.