Champion Building Materials Co (TPE:1806) Momentum Rank : 4 (As of Apr. 28, 2025)

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What is Champion Building Materials Co Momentum Rank?

Champion Building Materials Co has the Momentum Rank of 4.

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 Champion Building Materials Co's Momentum Rank

For the Building Products & Equipment subindustry, Champion Building Materials 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.

Champion Building Materials Co's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Champion Building Materials Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Champion Building Materials Co's Momentum Rank falls into.

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Champion Building Materials Co Momentum Rank Related Terms

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Champion Building Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Champion Building Materials Co Ltd (TPE:1806) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.200-7, Zhugaocuo, Zhunan Township, Dapu Village, Miaoli County, Miaoli, TWN, 350026

Website

https://group.champion.com.tw

Champion Building Materials Co Ltd is engaged in the production and sales of ceramic products, stone products, fire-resistant materials, and other chemical products. It is also engaged in the development business for particular industry zones, new towns, and new communities. The company has three reportable segments: the Tiles business, the Chinese business segment, and the Wooden floor business segment. The Tiles business segment generates the majority of its revenue and engages in manufacturing, sales, and purchase of various floor tiles, wall tiles, polished tiles, and functional tiles in the Taiwan region. Geographically, the company derives its key revenue from Asia and the rest from America and Australia.

Champion Building Materials Co Headlines

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