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Kingza International Co (ROCO:2751) Momentum Rank : 0 (As of Jun. 25, 2024)


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What is Kingza International Co Momentum Rank?

Kingza International Co has the Momentum Rank of 0.

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.

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Kingza International Co (ROCO:2751) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Kingza International Co Ltd (ROCO:2751) » Definitions » Momentum Rank
Comparable Companies
TPE:8940 ROCO:1259 ROCO:2741 ROCO:3522 ROCO:2740 ROCO:1269 ROCO:2761 ROCO:2760 ROCO:2758 ROCO:2755 MCD SBUX CMG LSE:CPG YUM TSX:QSP.UN TSX:QSR YUMC DRI HKSE:06862
Traded in Other Exchanges
N/A
Address
No. 98, Gaotie 9th Road, 3rd Floor, Hsinchu County, Zhubei City, TWN
Website
https://www.kingza.com.tw
Kingza International Co Ltd provides catering chain agency. It engages in operating franchise store, chain restaurant system management training, restaurant brand agency, and other services. Its brands include Ginza Katsuko Japanese-style Pork Chop; Duan Chunzhen Beef Noodles, Osaka Osho Dumplings and Kyoto Katsu Beef Japanese-style Fried Steak and many other catering brands.

Kingza International Co (ROCO:2751) Headlines

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