San Miguel Food And Beverage (PHS:FB) Momentum Rank : 10 (As of Dec. 12, 2024)

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What is San Miguel Food And Beverage Momentum Rank?

San Miguel Food And Beverage 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 San Miguel Food And Beverage's Momentum Rank

For the Packaged Foods subindustry, San Miguel Food And Beverage'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.

San Miguel Food And Beverage's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, San Miguel Food And Beverage's Momentum Rank distribution charts can be found below:

* The bar in red indicates where San Miguel Food And Beverage's Momentum Rank falls into.

San Miguel Food And Beverage Momentum Rank Related Terms

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San Miguel Food And Beverage Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » San Miguel Food And Beverage Inc (PHS:FB) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 100 E. Rodriguez Jr. Avenue (C-5 Road), Barangay Ugong, Pasig, PHL, 1604

Website

https://www.smfb.com.ph

San Miguel Food And Beverage Inc is a food company located in the Philippines. The company and its subsidiaries are involved in poultry and livestock operations, feeds and flour milling, dairy and coffee operations, franchising and young animal ration manufacturing and distribution. The firm sells and markets its products under B-meg, Magnolia, Monterey, San Miguel Mills, Pure foods, Hungry Juan brand names. Its operating segments include Beer and non-alcoholic beverages (NAB), Spirits, and Food. The company generates maximum revenue from Food segment.

San Miguel Food And Beverage Headlines

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