KODI Co (XKRX:080530) Momentum Rank : 3 (As of May. 27, 2024)

View and export this data going back to 2010. Start your Free Trial

What is KODI Co Momentum Rank?

KODI Co has the Momentum Rank of 3.

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 KODI Co's Momentum Rank

For the Household & Personal Products subindustry, KODI 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.

KODI Co's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, KODI Co's Momentum Rank distribution charts can be found below:

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

KODI Co Momentum Rank Related Terms

Thank you for viewing the detailed overview of KODI Co's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

KODI Co (XKRX:080530) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » KODI Co Ltd (XKRX:080530) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Jungbu-daero, Yeongdeok-dong, Giheung-gu, Gyeonggi-do, Yongin-si, KOR, 449-833

Website

http://www.kodi-s.com

KODI Co Ltd is a Korea based color cosmetics original development manufacturing (ODM) and container manufacturing company. It operates in the business areas of Cosmetics manufacturing, Container manufacturing and Display. The products offered by the company in the Cosmetics manufacturing area are cleansing products, lip stick, lip mousse, water lip, lip liner, nail care products, and eyecare products, among others. In the Container manufacturing area, the organization offers cosmetic container products in the field of skin care, compact, stick and others.

KODI Co (XKRX:080530) Headlines

No Headlines