Sumitomo Seika Chemicals Co (TSE:4008) Momentum Rank : 10 (As of Apr. 28, 2025)

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What is Sumitomo Seika Chemicals Co Momentum Rank?

Sumitomo Seika Chemicals Co has the Momentum Rank of 10.

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 Sumitomo Seika Chemicals Co's Momentum Rank

For the Specialty Chemicals subindustry, Sumitomo Seika Chemicals 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.

Sumitomo Seika Chemicals Co's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sumitomo Seika Chemicals Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Sumitomo Seika Chemicals Co's Momentum Rank falls into.

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Sumitomo Seika Chemicals Co Momentum Rank Related Terms

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Sumitomo Seika Chemicals Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sumitomo Seika Chemicals Co Ltd (TSE:4008) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-13-5 Kudankita, Chiyoda-ku, Tokyo, JPN, 102-0073

Website

https://www.sumitomoseika.co.jp/

Sumitomo Seika Chemicals Co Ltd manufactures and sells chemicals and chemical-based products in three segments based on product type. The superabsorbent-polymers segment, which generates the majority of revenue, sells diapers, sanitary napkins, water repellent tape for power and optical cables, and sodium polyacrylate products used as a water-retention agent for agricultural and horticultural use. The chemicals segment sells plastic polymers, latex, and chemical additives used in the production of lithium-ion batteries and pharmaceuticals. The gases segment sells gases for industrial use, which includes electronics production, as well as aerosol propellant gas and nitrous oxide.

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