Fumakilla (TSE:4998) Momentum Rank : 8 (As of Jun. 24, 2024)

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What is Fumakilla Momentum Rank?

Fumakilla has the Momentum Rank of 8.

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.

Competitive Comparison of Fumakilla's Momentum Rank

For the Agricultural Inputs subindustry, Fumakilla'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.

Fumakilla's Momentum Rank Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Fumakilla's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Fumakilla's Momentum Rank falls into.

Fumakilla Momentum Rank Related Terms

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Fumakilla (TSE:4998) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Fumakilla Ltd (TSE:4998) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Kanda Mikura-cho, Chiyoda-ku, Tokyo, JPN, 101-8606

Website

https://www.fumakilla.co.jp

Fumakilla Ltd operates in the agricultural chemicals sector. It is engaged in the manufacturing and distribution of insecticide supplies, household goods, gardening supplies, and business supplies worldwide. The company offers insecticides; garden supplies, such as fungicides, herbicides, fertilizers, culture soil, and other horticultural related products; and household goods, including alcohol eradication products, dust measures, insect repellent, dehumidifiers, and other home care supplies.

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