Hyakujushi Bank (TSE:8386) Momentum Rank : 1 (As of Apr. 29, 2025)

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What is Hyakujushi Bank Momentum Rank?

Hyakujushi Bank has the Momentum Rank of 1.

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 Hyakujushi Bank's Momentum Rank

For the Banks - Regional subindustry, Hyakujushi Bank'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.

Hyakujushi Bank's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hyakujushi Bank's Momentum Rank distribution charts can be found below:

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

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Hyakujushi Bank Momentum Rank Related Terms

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Hyakujushi Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hyakujushi Bank Ltd (TSE:8386) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-1, Kamei-cho, Kagawa, Takamatsu, JPN, 760-8574

Website

http://www.114bank.co.jp

Hyakujushi Bank Ltd is a regional banking enterprise operating mainly in Kagawa prefecture, Japan but with a network of branches across the Setouchi region. The organises itself into two segments: banking segment and lease segment. The bank derives the majority of its revenue from banking, with only a small amount coming from lease and other operations. Although the bank is headquartered in Japan, it also operates internationally and earns a portion of revenues from international operations. Services the bank provides include deposits, loans, securities, foreign currency, and leasing operations.

Hyakujushi Bank Headlines

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