Fukui Computer Holdings (TSE:9790) Momentum Rank : 4 (As of May. 25, 2024)

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What is Fukui Computer Holdings Momentum Rank?

Fukui Computer Holdings has the Momentum Rank of 4.

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 Fukui Computer Holdings's Momentum Rank

For the Software - Application subindustry, Fukui Computer Holdings'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.

Fukui Computer Holdings's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Fukui Computer Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Fukui Computer Holdings's Momentum Rank falls into.

Fukui Computer Holdings Momentum Rank Related Terms

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Fukui Computer Holdings (TSE:9790) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fukui Computer Holdings Inc (TSE:9790) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

FKCIF:USA

Address

Takagi chuo 1-2501, Fukui Prefecture, Fukui City, JPN, 910-8521

Website

http://www.fukuicompu.co.jp

Fukui Computer Holdings Inc is engaged in architecture, surveying, development, and sale of various types of computer-aided design (CAD) software. It supplies services for two segments which are architecture and information technology respectively. The architectural business includes the 3D architectural designing system that supports total design work from design to presentation, various applications, integration / estimation, after-sales management. The Measurement Civil Engineering CAD segment is engaged in the development, sale, and maintenance of measurement CAD software and civil engineering CAD software. The Information Technology (IT) Solution segment offers solution services, including other system development, Web application and hosting services.

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