Victorias Milling Co (PHS:VMC) Momentum Rank : 7 (As of Jun. 22, 2024)

View and export this data going back to 1993. Start your Free Trial

What is Victorias Milling Co Momentum Rank?

Victorias Milling Co has the Momentum Rank of 7.

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 Victorias Milling Co's Momentum Rank

For the Confectioners subindustry, Victorias Milling Co'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.

Victorias Milling Co's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Victorias Milling Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Victorias Milling Co's Momentum Rank falls into.

Victorias Milling Co Momentum Rank Related Terms

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

Victorias Milling Co (PHS:VMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Victorias Milling Co Inc (PHS:VMC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

J.J. Ossorio Street, VMC Compound, Barangay XVI, Victorias, NEC, PHL, 6119

Website

https://www.victoriasmilling.com

Victorias Milling Co Inc is a Philippines-based company engaged in sugar manufacturing. The company also focuses on producing and selling canned sardines, hot Bangus, mackerel, luncheon meat, and other meat products. It is also involved in developing and selling real estate properties, operating golf clubs, and other activities. The company operates in business segments that are Sugar Milling, Distillery Operations, Power Generation and others. The Sugar Milling segment generates maximum revenue for the company.