KPX Chemical Co (XKRX:025000) Momentum Rank : 2 (As of Mar. 02, 2025)

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What is KPX Chemical Co Momentum Rank?

KPX Chemical Co has the Momentum Rank of 2.

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 KPX Chemical Co's Momentum Rank

For the Chemicals subindustry, KPX Chemical Co'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.

KPX Chemical Co's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, KPX Chemical Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where KPX Chemical Co's Momentum Rank falls into.

KPX Chemical Co Momentum Rank Related Terms

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KPX Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » KPX Chemical Co Ltd (XKRX:025000) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

37, Mapo-daero, Mapo-Gu, Seoul, KOR, 04143

Website

http://www.kpxchemical.com

KPX Chemical Co Ltd is a Korea-based company engaged in manufacturing, supply, and distribution of polyether polyol and electronic chemical materials. The company's products are used in furniture, shoe, textile, automobile, appliance, construction, container, and other industries. It offers polyethers for flexible slab-foam, flexible mold-foam, semi-rigid urethane foam, and non-foam; polyether polyol for rigid urethane foam; and cross-linking agents, and the electronic chemicals materials are used for flat panel displays (FPDs), semiconductors and other industries, and chemical mechanical planarization (CMP) pads. The group distributes its products within the Korean and overseas markets.

KPX Chemical Co Headlines

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