Uniform Next Co (TSE:3566) Momentum Rank : 2 (As of Apr. 28, 2025)

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What is Uniform Next Co Momentum Rank?

Uniform Next Co has the Momentum Rank of 2.

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 Uniform Next Co's Momentum Rank

For the Apparel Retail subindustry, Uniform Next 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.

Uniform Next Co's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Uniform Next Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Uniform Next Co's Momentum Rank falls into.

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Uniform Next Co Momentum Rank Related Terms

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Uniform Next Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Uniform Next Co Ltd (TSE:3566) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ninomiya 3-2-3-2, Fukui Prefecture, Fukui, JPN, 910-0015

Website

http://uniformnext.co.jp

Uniform Next Co Ltd is engaged in the retail sale of apparel. Its products include business uniforms for catering, office, and clinics. It is widely patronized by chain stores, companies, schools, and individual customers.

Uniform Next Co Headlines

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