Atom (TSE:7412) Momentum Rank : 10 (As of Apr. 30, 2024)

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What is Atom Momentum Rank?

Atom has the Momentum Rank of 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.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Atom's Momentum Rank

For the Restaurants subindustry, Atom'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.

Atom's Momentum Rank Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Atom's Momentum Rank distribution charts can be found below:

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

Atom Momentum Rank Related Terms

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Atom (TSE:7412) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Atom Corp (TSE:7412) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

7412:Japan

Address

2-2-2, Nishiki, Naka-ku, 15 Floor, Nagoya Marubeni Building, Aichi-ken, Nagoya, JPN, 460-0003

Website

http://www.atom-corp.co.jp

Atom Corp operates and manages of a chain of restaurants in Tohoku, North Kanto, Tokai, and Hokuriku areas. It offers sushi, grilled meat, steak, Japanese food, western food, pork cutlet, shabushabu ramen and among others. The company has four operating segments namely restaurant segment, Izakaya segment, entertainment segment and others segment which includes the provision of operation guidance to franchised stores, and others.

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