Sac's Bar Holdings (TSE:9990) Momentum Rank : 9 (As of Dec. 12, 2024)

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What is Sac's Bar Holdings Momentum Rank?

Sac's Bar Holdings has the Momentum Rank of 9.

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 Sac's Bar Holdings's Momentum Rank

For the Luxury Goods subindustry, Sac's Bar 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.

Sac's Bar Holdings's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sac's Bar Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Sac's Bar Holdings's Momentum Rank falls into.

Sac's Bar Holdings Momentum Rank Related Terms

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Sac's Bar Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sac's Bar Holdings Inc (TSE:9990) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

The third Derica Building, 1-48-14, Shin-koiwa, Katsushika-ku, Tokyo, JPN, 124-8558

Website

http://www.sacs-bar.co.jp

Sac's Bar Holdings Inc through its subsidiaries is engaged in the retail and wholesale of bags, wallets and miscellaneous goods in China. The company operates more than 600 retail stores that sell a wide range of men's and women's bags, wallets, and accessories. The retail stores primarily sell major national and imported brands, but they also carry private-brand products. Sac's Bar's other businesses design and manufacture men's bags and luggage that they wholesale to mass merchandisers, department stores, and other retailers. Most of the company's sales come from its retail stores, which primarily operate under the names Sac's Bar, Lapax, and Gran Sac's. The company's sales are entirely in Japan.

Sac's Bar Holdings Headlines

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