Faith (TSE:4295) Momentum Rank : 0 (As of Apr. 12, 2025)

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What is Faith Momentum Rank?

Faith has the Momentum Rank of 0.

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.

Faith Momentum Rank Related Terms

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Faith Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Faith Inc (TSE:4295) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

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Address

Imon-Meiji-Yasuda Building, 566-1 Toraya-cho, Karasumadori-Oike-Sagaru, Nakagyo-ku, Kyoto, JPN, 604-8171

Website

http://www.faith.co.jp

Faith Inc operates in three segments, namely Content, Point Service, and Label. The majority of its revenue is generated from the Label segment, which is into planning, production, and sales of sound sources and videos, music rights acquisition and management, and contracted production and sales of the sound source and video products for other companies. Point Service Business is aimed at the retail industry. In addition, it offers total support for point issue data acquisition, analysis, and sales promotion utilization as a series of cycles from planning to operation. Content Business provides one-stop solutions ranging from the construction of distribution systems and the operation of services for end-users to the planning and production of digital content.

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